Absolute Clean Energy Public Company Limited

Absolute Clean Energy Public Company Limitedverified

ACE-R.BK

Price:

$1.29

Market Cap:

$12.90B

Absolute Clean Energy Public Company Limited, together with its subsidiaries, operates biomass, municipal solid waste, natural gas, and solar energy power plants in Thailand. The company operates through four segments: Biomass Power Plants, Solid Waste Power Plant, Natural Gas Power Plant, and Solar Energy Power Plant. As of December 31, 2021, it has 23 power plants with an installed capacity of 257.57 megawatts. Absolute Clean Energy Public Company Limited was incorporated in 2015 and is headquartered in Bangkok, Thailand.

Industry

Renewable Utilities

IPO Date

2020-02-18

Stock Exchange

SET

Ticker

ACE-R.BK

The ROE as of December 2025 (TTM) for Absolute Clean Energy Public Company Limited (ACE-R.BK) is 4.60%

According to Absolute Clean Energy Public Company Limited’s latest financial reports and current stock price. The company's current ROE is 4.60%. This represents a change of 300.72% compared to the average of 1.15% of the last 4 quarters.

Absolute Clean Energy Public Company Limited (ACE-R.BK) Historical ROE (quarterly & annually)

How has ACE-R.BK ROE performed in the past?

The mean historical ROE of Absolute Clean Energy Public Company Limited over the last ten years is 7.26%. The current 4.60% ROE has changed -36.64% with respect to the historical average. Over the past ten years (40 quarters), ACE-R.BK's ROE was at its highest in in the March 2020 quarter at 5.21%. The ROE was at its lowest in in the September 2017 quarter at 0%.

Quarterly (TTM)
Annual

Average

7.26%

Median

7.93%

Minimum

-1.23%

Maximum

12.57%

Absolute Clean Energy Public Company Limited (ACE-R.BK) ROE by Quarter and Year

Discovering the peaks and valleys of Absolute Clean Energy Public Company Limited ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 186.03%

Maximum Annual ROE = 12.57%

Minimum Annual Increase = -335.81%

Minimum Annual ROE = -1.23%

Quarterly (TTM)
Annual
YearROEChange
20245.23%-25.89%
20237.06%-22.24%
20229.08%-19.74%
202111.31%-10.05%
202012.57%66.42%
20197.55%-23.00%
20189.81%18.05%
20178.31%186.03%
20162.91%-335.81%
2015-1.23%-175.47%

Absolute Clean Energy Public Company Limited (ACE-R.BK) Average ROE

How has ACE-R.BK ROE performed in the past?

The current ROE of Absolute Clean Energy Public Company Limited (ACE-R.BK) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

7.12%

5-year avg

9.05%

10-year avg

7.26%

Absolute Clean Energy Public Company Limited (ACE-R.BK) ROE vs. Peers

How is ACE-R.BK’s ROE compared to its peers?

Absolute Clean Energy Public Company Limited’s ROE is less than SPCG Public Company Limited (2.40%), less than Thachang Green Energy Public Company Limited (8.74%), less than TPI Polene Power Public Company Limited (9.11%), less than Earth Tech Environment Public Company Limited (2.61%), less than CK Power Public Company Limited (7.21%), less than Sermsang Power Corporation Public Company Limited (8.62%), less than Super Energy Corporation Public Company Limited (4.60%), less than BBGI Public Company Limited (1.55%),

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