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Sermsuk PCL (BKK:SSC) Return-on-Tangible-Equity : 5.04% (As of Mar. 2024)


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What is Sermsuk PCL Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Sermsuk PCL's annualized net income for the quarter that ended in Mar. 2024 was ฿482 Mil. Sermsuk PCL's average shareholder tangible equity for the quarter that ended in Mar. 2024 was ฿9,570 Mil. Therefore, Sermsuk PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 5.04%.

The historical rank and industry rank for Sermsuk PCL's Return-on-Tangible-Equity or its related term are showing as below:

BKK:SSC' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -5.25   Med: -1.26   Max: 3.55
Current: 3.55

During the past 13 years, Sermsuk PCL's highest Return-on-Tangible-Equity was 3.55%. The lowest was -5.25%. And the median was -1.26%.

BKK:SSC's Return-on-Tangible-Equity is ranked worse than
76.47% of 102 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 14.73 vs BKK:SSC: 3.55

Sermsuk PCL Return-on-Tangible-Equity Historical Data

The historical data trend for Sermsuk PCL's Return-on-Tangible-Equity 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.

Sermsuk PCL Return-on-Tangible-Equity Chart

Sermsuk PCL Annual Data
Trend Dec14 Dec15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.25 1.92 0.93 0.14 2.64

Sermsuk PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Return-on-Tangible-Equity 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 2.25 2.84 3.85 2.44 5.04

Competitive Comparison of Sermsuk PCL's Return-on-Tangible-Equity

For the Beverages - Non-Alcoholic subindustry, Sermsuk PCL's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.


Sermsuk PCL's Return-on-Tangible-Equity Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Sermsuk PCL's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Sermsuk PCL's Return-on-Tangible-Equity falls into.



Sermsuk PCL Return-on-Tangible-Equity Calculation

Sermsuk PCL's annualized Return-on-Tangible-Equity for the fiscal year that ended in Sep. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Sep. 2023 )  (A: Sep. 2022 )(A: Sep. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Sep. 2023 )  (A: Sep. 2022 )(A: Sep. 2023 )
=248.001/( (9273.625+9518.016 )/ 2 )
=248.001/9395.8205
=2.64 %

Sermsuk PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=482.484/( (9576.677+9562.844)/ 2 )
=482.484/9569.7605
=5.04 %

* 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 Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Sermsuk PCL  (BKK:SSC) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity 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 Return-on-Tangible-Equitys can be extremely high.


Sermsuk PCL Return-on-Tangible-Equity Related Terms

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Sermsuk PCL (BKK:SSC) Business Description

Traded in Other Exchanges
N/A
Address
Ratchadapisek Road, 90 CW Tower, 31st - 32nd Floor, Huay Khwang District, Bangkok, THA, 10310
Sermsuk PCL is a Thailand-based refreshment beverage company. It is engaged in the production and distribution of soft drinks and other beverages. The company's operating segments include Carbonated soft drinks and Non-Carbonated soft drinks. The Carbonated soft drink segment produces and distributes soft drinks, sports drinks, and soda. It generates maximum revenue from the Non-Carbonated soft drink segment. The Non-Carbonated soft drink segment produces and distributes drinking water, energy drinks, and other beverages as well as a distributor of tea. Geographically, it operates only in Thailand.

Sermsuk PCL (BKK:SSC) Headlines

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