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Total Access Communication PCL (FRA:TA3G) ROE % : 19.60% (As of Dec. 2022)


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What is Total Access Communication PCL ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Total Access Communication PCL's annualized net income for the quarter that ended in Dec. 2022 was €98 Mil. Total Access Communication PCL's average Total Stockholders Equity over the quarter that ended in Dec. 2022 was €499 Mil. Therefore, Total Access Communication PCL's annualized ROE % for the quarter that ended in Dec. 2022 was 19.60%.

The historical rank and industry rank for Total Access Communication PCL's ROE % or its related term are showing as below:

FRA:TA3G' s ROE % Range Over the Past 10 Years
Min: -17.05   Med: 17.23   Max: 32.59
Current: 16.4

During the past 13 years, Total Access Communication PCL's highest ROE % was 32.59%. The lowest was -17.05%. And the median was 17.23%.

FRA:TA3G's ROE % is not ranked
in the Telecommunication Services industry.
Industry Median: 6.98 vs FRA:TA3G: 16.40

Total Access Communication PCL ROE % Historical Data

The historical data trend for Total Access Communication 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.

* Premium members only.

Total Access Communication PCL ROE % Chart

Total Access Communication PCL Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -17.44 24.24 19.82 14.80 16.24

Total Access Communication PCL Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.45 15.34 21.15 10.50 19.60

Competitive Comparison of Total Access Communication PCL's ROE %

For the Telecom Services subindustry, Total Access Communication 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.


Total Access Communication PCL's ROE % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Total Access Communication PCL's ROE % distribution charts can be found below:

* The bar in red indicates where Total Access Communication PCL's ROE % falls into.



Total Access Communication PCL ROE % Calculation

Total Access Communication PCL's annualized ROE % for the fiscal year that ended in Dec. 2022 is calculated as

ROE %=Net Income (A: Dec. 2022 )/( (Total Stockholders Equity (A: Dec. 2021 )+Total Stockholders Equity (A: Dec. 2022 ))/ count )
=84.689/( (531.822+511.093)/ 2 )
=84.689/521.4575
=16.24 %

Total Access Communication PCL's annualized ROE % for the quarter that ended in Dec. 2022 is calculated as

ROE %=Net Income (Q: Dec. 2022 )/( (Total Stockholders Equity (Q: Sep. 2022 )+Total Stockholders Equity (Q: Dec. 2022 ))/ count )
=97.84/( (487.395+511.093)/ 2 )
=97.84/499.244
=19.60 %

* 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 (Dec. 2022) net income data. ROE % is displayed in the 30-year financial page.


Total Access Communication PCL  (FRA:TA3G) 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:

ROE %(Q: Dec. 2022 )
=Net Income/Total Stockholders Equity
=97.84/499.244
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(97.84 / 2224.24)*(2224.24 / 4212.3575)*(4212.3575 / 499.244)
=Net Margin %*Asset Turnover*Equity Multiplier
=4.4 %*0.528*8.4375
=ROA %*Equity Multiplier
=2.32 %*8.4375
=19.60 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2022 )
=Net Income/Total Stockholders Equity
=97.84/499.244
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (97.84 / 121.688) * (121.688 / 201.748) * (201.748 / 2224.24) * (2224.24 / 4212.3575) * (4212.3575 / 499.244)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.804 * 0.6032 * 9.07 % * 0.528 * 8.4375
=19.60 %

Note: The net income data used here is four times the quarterly (Dec. 2022) net income data. The Revenue data used here is four times the quarterly (Dec. 2022) 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.


Total Access Communication PCL ROE % Related Terms

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Total Access Communication PCL (FRA:TA3G) Business Description

Traded in Other Exchanges
N/A
Address
Phayathai Road, No. 319 Chamchuri Square Building, 38th Floor, Pathumwan Sub-district, Pathumwan District, Bangkok, THA, 10330
Total Access Communication PCL is a telecommunications company. The company's operating segment includes Mobile telephone service and related services and Sales of handsets and starter kits. It serves both individual and business customers. The majority of revenue stems from providing mobile services. Within mobile services, a majority of revenue stems from both voice and data services. Revenue is on a subscription basis and in terms of subscribers, the majority are prepaid customers. It operates in a single geographical segment, which is Thailand.

Total Access Communication PCL (FRA:TA3G) Headlines

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