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Zen Group PCLBKK:ZEN 87 ROE % is 4.63% as of Mar. 2026, which is 60% below its 10-year median of 11.48. GuruFocus rates BKK:ZEN with a GF Score™ of 87/100 and a GF Value™ of ฿6.68 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 343 Restaurants companies, Zen Group PCL ranks worse than 60.06% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Zen Group PCL's annualized net income for the quarter that ended in Mar. 2026 was ฿63 Mil. Zen Group PCL's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ฿1,353 Mil. Therefore, Zen Group PCL's annualized ROE % for the quarter that ended in Mar. 2026 was 4.63%.
The historical rank and industry rank for Zen Group PCL's ROE % or its related term are showing as below:
BKK:ZEN'
s ROE % Range Over the Past 10 Years
Min: -7.85 Med: 11.48 Max: 33.62
Current: 3.62
During the past 11 years, Zen Group PCL's highest ROE % was 33.62%. The lowest was -7.85%. And the median was 11.48%.
BKK:ZEN's ROE % is ranked worse than 60.06% of 343
companies
in the Restaurants industry
Industry Median: 6.56
vs BKK:ZEN: 3.62
Zen Group PCL (BKK:ZEN) 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.
Zen Group PCL ROE % Related Terms
Zen Group PCL ROE % Historical Data
* Premium members only.
The historical data trend for Zen Group 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 Restaurants subindustry, Zen Group 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.
Zen Group PCL ROE % vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Zen Group PCL's ROE % distribution charts can be found below:
* The bar in red indicates where Zen Group 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.
Zen Group PCL (BKK:ZEN) has a ROE % of 4.63% 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 Zen Group PCL and its competitors. This is 60% below median its historical median of 11.48. According to the industry distribution chart, Zen Group PCL ranks #206 out of 343 companies in the Restaurants industry, placing it in the top 60.1%.
Is Zen Group PCL's ROE % too high?
Zen Group PCL's current ROE % of 4.63% is 60% below median its 10-year median of 11.48. The Restaurants industry median ROE % is 6.56. Zen Group PCL's value of 4.63% is 29.4% below this industry median. Based on the distribution chart, Zen Group PCL ranks #206 out of 343 companies in the Restaurants industry, which is below the industry midpoint. Overall, Zen Group PCL has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zen Group PCL's ROE % compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Zen Group PCL ranks #206 out of 343 companies for ROE %. This places Zen Group PCL in the lower half of its industry. The industry median ROE % is 6.56. Zen Group PCL's value of 4.63% is 29.4% below this benchmark. While the company's 10-year median is 11.48 vs. the industry median of 6.56, Zen Group PCL has consistently been below 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 Restaurants company?
The median ROE % among Restaurants companies is 6.56, based on 343 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. Zen Group PCL's current ROE % of 4.63% is 29.4% below 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 Zen Group PCL and its competitors. For the Restaurants industry, the median ROE % is 6.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zen Group PCL's current ROE % is 4.63%, which is 60% below median its own 10-year median of 11.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zen Group PCL stock overvalued right now?
Based on GuruFocus' analysis, Zen Group PCL (BKK:ZEN) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿6.68, compared to a current price of ฿5.65 — trading 15.4% below its estimated fair value. The current ROE % is 4.63%, which is 60% below median its 10-year median of 11.48 and 29.4% below the Restaurants industry median of 6.56. Zen Group PCL's overall GF Score™ is 87/100 with 5 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 Zen Group PCL (BKK:ZEN), the current ROE % is 4.63% 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 Zen Group PCL (BKK:ZEN) Overvalued in 2026?
Based on GuruFocus' analysis, Zen Group PCL stock appears to be undervalued.
The current stock price of ฿5.65 is trading 15.4% below its estimated GF Value™ of ฿6.68.
GuruFocus considers Zen Group PCL to be Modestly Undervalued.
Key valuation signals for BKK:ZEN:
ROE %: 4.63% (60% below median its 10-year median of 11.48)
GF Value™: ฿6.68 vs. price of ฿5.65 (15.4% below fair value)
Industry Position: 29.4% below the Restaurants median (#206 of 343)
No single metric tells the full story. See the BKK:ZEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zen Corp Group PCL is engaged in providing management services to its subsidiaries and restaurants. It offers Japanese food, ranging from premium sushi and Yakiniku restaurants to contemporary Japanese cafes. The company operates ZEN Japanese Restaurant, Musha, AKA, On the Table, and Sushi Cyu. The company operates in only one segment which is the Food business. The majority of the revenue is generated from the sales of food and beverages in Thailand.
87GF Score
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