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Well Graded Engineering PCLBKK:WGE -4.05%55 ROE % is 24.38% as of Mar. 2026, which is 156% above its 10-year median of 9.52. GuruFocus rates BKK:WGE with a GF Score™ of 55/100 and a GF Value™ of ฿0.94 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,747 Construction companies, Well Graded Engineering PCL ranks better than 91.64% on this metric.
The historical rank and industry rank for Well Graded Engineering PCL's ROE % or its related term are showing as below:
BKK:WGE'
s ROE % Range Over the Past 10 Years
Min: -54.38 Med: 9.52 Max: 39.21
Current: 29.08
During the past 7 years, Well Graded Engineering PCL's highest ROE % was 39.21%. The lowest was -54.38%. And the median was 9.52%.
BKK:WGE's ROE % is ranked better than 91.64% of 1747
companies
in the Construction industry
Industry Median: 6.74
vs BKK:WGE: 29.08
Well Graded Engineering PCL (BKK:WGE) 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.
* 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 Engineering & Construction subindustry, Well Graded Engineering 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.
Well Graded Engineering PCL ROE % vs Construction Industry
For the Construction industry and Industrials sector, Well Graded Engineering PCL's ROE % distribution charts can be found below:
* The bar in red indicates where Well Graded Engineering 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.
Well Graded Engineering PCL (BKK:WGE) has a ROE % of 24.38% 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 Well Graded Engineering PCL and its competitors. This is 156% above median its historical median of 9.52. According to the industry distribution chart, Well Graded Engineering PCL ranks #146 out of 1747 companies in the Construction industry, placing it in the top 8.4%.
Is Well Graded Engineering PCL's ROE % too high?
Well Graded Engineering PCL's current ROE % of 24.38% is 156% above median its 10-year median of 9.52. The Construction industry median ROE % is 6.74. Well Graded Engineering PCL's value of 24.38% is 261.7% above this industry median. Based on the distribution chart, Well Graded Engineering PCL ranks #146 out of 1747 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Well Graded Engineering PCL has a GF Score™ of 55/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Well Graded Engineering PCL's ROE % compare to PWR and FIX?
According to the Construction industry distribution chart, Well Graded Engineering PCL ranks #146 out of 1747 companies for ROE %. This places Well Graded Engineering PCL in the top 8% of its industry — outperforming the majority of peers. The industry median ROE % is 6.74. Well Graded Engineering PCL's value of 24.38% is 261.7% above this benchmark. While the company's 10-year median is 9.52 vs. the industry median of 6.74, Well Graded Engineering 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 Construction company?
The median ROE % among Construction companies is 6.74, based on 1,747 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. Well Graded Engineering PCL's current ROE % of 24.38% is 261.7% 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 Well Graded Engineering PCL and its competitors. For the Construction industry, the median ROE % is 6.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Well Graded Engineering PCL's current ROE % is 24.38%, which is 156% above median its own 10-year median of 9.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Well Graded Engineering PCL stock overvalued right now?
Based on GuruFocus' analysis, Well Graded Engineering PCL (BKK:WGE) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿0.94, compared to a current price of ฿0.71 — trading 24.5% below its estimated fair value. The current ROE % is 24.38%, which is 156% above median its 10-year median of 9.52 and 261.7% above the Construction industry median of 6.74. Well Graded Engineering PCL's overall GF Score™ is 55/100 with 2 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 Well Graded Engineering PCL (BKK:WGE), the current ROE % is 24.38% 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 Well Graded Engineering PCL (BKK:WGE) Overvalued in 2026?
Based on GuruFocus' analysis, Well Graded Engineering PCL stock appears to be undervalued.
The current stock price of ฿0.71 is trading 24.5% below its estimated GF Value™ of ฿0.94.
GuruFocus considers Well Graded Engineering PCL to be Modestly Undervalued.
Key valuation signals for BKK:WGE:
ROE %: 24.38% (156% above median its 10-year median of 9.52)
GF Value™: ฿0.94 vs. price of ฿0.71 (24.5% below fair value)
Industry Position: 261.7% above the Construction median (#146 of 1747)
No single metric tells the full story. See the BKK:WGE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Well Graded Engineering PCL is an engineering and construction company. The company is engaged in the business of construction work services and consultants for the design and supervision of construction, engineering, and architecture works. Its projects portfolio includes High-Rise Condominiums; Low-Rise Condominiums; Office Buildings; Hospitals; Hotels; Sales Offices; Shopping Centers; and Interior Design.
55GF Score
Get the complete analysis for BKK:WGE
ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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