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Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments.
Thachang Green Energy PCL's 3-Year RORE % for the quarter that ended in Mar. 2026 was -6.80%.
The industry rank for Thachang Green Energy PCL's 3-Year RORE % or its related term are showing as below:
Thachang Green Energy PCL (BKK:TGE) 3-Year RORE % Explanation
Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.
There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 3-year period is chosen.
Be Aware
Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.
Thachang Green Energy PCL 3-Year RORE % Related Terms
Thachang Green Energy PCL 3-Year RORE % Historical Data
* 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.
Thachang Green Energy PCL 3-Year RORE % Competitor Comparison
For the Utilities - Renewable subindustry, Thachang Green Energy PCL's 3-Year RORE %, along with its competitors' market caps and 3-Year RORE % 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.
Thachang Green Energy PCL 3-Year RORE % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Thachang Green Energy PCL's 3-Year RORE % distribution charts can be found below:
* The bar in red indicates where Thachang Green Energy PCL's 3-Year RORE % 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 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Mar. 2026 and 3-year before.
Thachang Green Energy PCL (BKK:TGE) has a 3-Year RORE % of -6.80 as of Mar. 2026. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Thachang Green Energy PCL and its competitors. According to the industry distribution chart, Thachang Green Energy PCL ranks #232 out of 402 companies in the Utilities - Independent Power Producers industry, placing it in the top 57.7%.
Is Thachang Green Energy PCL's 3-Year RORE % too high?
Thachang Green Energy PCL's current 3-Year RORE % is -6.80. Based on the distribution chart, Thachang Green Energy PCL ranks #232 out of 402 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Thachang Green Energy PCL has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thachang Green Energy PCL's 3-Year RORE % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Thachang Green Energy PCL ranks #232 out of 402 companies for 3-Year RORE %. This places Thachang Green Energy PCL in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year RORE % for an Utilities - Independent Power Producers company?
A good 3-Year RORE % depends on the Utilities - Independent Power Producers industry context. However, 3-Year RORE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year RORE % mean?
A high 3-Year RORE % can signal that a stock is expensive relative to its fundamentals. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Thachang Green Energy PCL and its competitors. Thachang Green Energy PCL's current 3-Year RORE % is -6.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thachang Green Energy PCL stock overvalued right now?
Based on GuruFocus' analysis, Thachang Green Energy PCL (BKK:TGE) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿1.77, compared to a current price of ฿1.25 — trading 29.4% below its estimated fair value. The current 3-Year RORE % is -6.80. Thachang Green Energy PCL's overall GF Score™ is 69/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year RORE % calculated?
3-Year RORE % is calculated from a company's financial statements. For Thachang Green Energy PCL (BKK:TGE), the current 3-Year RORE % is -6.80 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 Thachang Green Energy PCL (BKK:TGE) Overvalued in 2026?
Based on GuruFocus' analysis, Thachang Green Energy PCL stock appears to be undervalued.
The current stock price of ฿1.25 is trading 29.4% below its estimated GF Value™ of ฿1.77.
GuruFocus considers Thachang Green Energy PCL to be Modestly Undervalued.
Key valuation signals for BKK:TGE:
3-Year RORE %: -6.80
GF Value™: ฿1.77 vs. price of ฿1.25 (29.4% below fair value)
No single metric tells the full story. See the BKK:TGE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thachang Green Energy PCL is engaged in generating and supplying electricity and steam from biomass. The group has two segments, which are comprised of the biomass power plant business and waste power plant business. The company derives the majority of its revenue from the Biomass Power plant segment.
69GF Score
Get the complete analysis for BKK:TGE
3-Year RORE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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