Tpi Polene PCLBKK:TPIPL 70 ROE % is 5.91% as of Mar. 2026, which is 77% above its 10-year median of 3.33. GuruFocus rates BKK:TPIPL with a GF Score™ of 70/100 and a GF Value™ of ฿1.11 (Modestly Undervalued). The stock has 10 warning signs investors should review. Among 404 Building Materials companies, Tpi Polene PCL ranks worse than 54.7% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Tpi Polene PCL's annualized net income for the quarter that ended in Mar. 2026 was ฿3,330 Mil. Tpi Polene PCL's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ฿56,295 Mil. Therefore, Tpi Polene PCL's annualized ROE % for the quarter that ended in Mar. 2026 was 5.91%.
The historical rank and industry rank for Tpi Polene PCL's ROE % or its related term are showing as below:
BKK:TPIPL'
s ROE % Range Over the Past 10 Years
Min: -3.09 Med: 3.33 Max: 13.77
Current: 3.78
During the past 13 years, Tpi Polene PCL's highest ROE % was 13.77%. The lowest was -3.09%. And the median was 3.33%.
BKK:TPIPL's ROE % is ranked worse than 54.7% of 404
companies
in the Building Materials industry
Industry Median: 4.335
vs BKK:TPIPL: 3.78
Tpi Polene PCL (BKK:TPIPL) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
Tpi Polene PCL ROE % Related Terms
Tpi Polene PCL ROE % Historical Data
* Premium members only.
The historical data trend for Tpi Polene PCL's ROE % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Building Materials subindustry, Tpi Polene PCL's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Tpi Polene PCL ROE % vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Tpi Polene PCL's ROE % distribution charts can be found below:
* The bar in red indicates where Tpi Polene PCL's ROE % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Tpi Polene PCL (BKK:TPIPL) has a ROE % of 5.91% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Tpi Polene PCL and its competitors. This is 77% above median its historical median of 3.33. According to the industry distribution chart, Tpi Polene PCL ranks #221 out of 404 companies in the Building Materials industry, placing it in the top 54.7%.
Is Tpi Polene PCL's ROE % too high?
Tpi Polene PCL's current ROE % of 5.91% is 77% above median its 10-year median of 3.33. The Building Materials industry median ROE % is 4.34. Tpi Polene PCL's value of 5.91% is 36.3% above this industry median. Based on the distribution chart, Tpi Polene PCL ranks #221 out of 404 companies in the Building Materials industry, which is below the industry midpoint. Overall, Tpi Polene PCL has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tpi Polene PCL's ROE % compare to CRH and VMC?
According to the Building Materials industry distribution chart, Tpi Polene PCL ranks #221 out of 404 companies for ROE %. This places Tpi Polene PCL in the lower half of its industry. The industry median ROE % is 4.34. Tpi Polene PCL's value of 5.91% is 36.3% above this benchmark. While the company's 10-year median is 3.33 vs. the industry median of 4.34, Tpi Polene PCL has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Building Materials company?
The median ROE % among Building Materials companies is 4.34, based on 404 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tpi Polene PCL's current ROE % of 5.91% is 36.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Tpi Polene PCL and its competitors. For the Building Materials industry, the median ROE % is 4.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tpi Polene PCL's current ROE % is 5.91%, which is 77% above median its own 10-year median of 3.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tpi Polene PCL stock overvalued right now?
Based on GuruFocus' analysis, Tpi Polene PCL (BKK:TPIPL) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿1.11, compared to a current price of ฿0.79 — trading 28.8% below its estimated fair value. The current ROE % is 5.91%, which is 77% above median its 10-year median of 3.33 and 36.3% above the Building Materials industry median of 4.34. Tpi Polene PCL's overall GF Score™ is 70/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Tpi Polene PCL (BKK:TPIPL), the current ROE % is 5.91% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Tpi Polene PCL (BKK:TPIPL) Overvalued in 2026?
Based on GuruFocus' analysis, Tpi Polene PCL stock appears to be undervalued.
The current stock price of ฿0.79 is trading 28.8% below its estimated GF Value™ of ฿1.11.
GuruFocus considers Tpi Polene PCL to be Modestly Undervalued.
Key valuation signals for BKK:TPIPL:
ROE %: 5.91% (77% above median its 10-year median of 3.33)
GF Value™: ฿1.11 vs. price of ฿0.79 (28.8% below fair value)
Industry Position: 36.3% above the Building Materials median (#221 of 404)
No single metric tells the full story. See the BKK:TPIPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tpi Polene PCL is a producer and distributor of cement, clinker, and ready-mixed cement products in Thailand under the TPI Polene brand. The company's offerings include cement, mortar, low-density polyethylene plastics resin, ethylene vinyl acetate, solar cell encapsulants, concrete and concrete tiles, and fiber cement, among others. The company has four reportable segments: Construction Materials, Petrochemical & Chemicals, Energy & Utilities, and Agriculture. The majority of its revenue is generated from the Construction Materials segment. Geographically, it derives maximum revenue from Thailand and the rest from China, Bangladesh, Australia, India, Philippines, and other regions.
70GF Score
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