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Historically the company delivered > 50% ROE. Last year was a bad one with 12%. But at 12% it is much better than most Bursa companies. The question is whether you believe that the business fundamentals has changed so that the historical performance is no longer valid or whether last year was an anomaly.
The high ROE means that this company has less asset and heavier borrowing, the drop in ROE from 50+ to lower 10+ reflect the challenge of business, the difficulty to maintain profit in recent years
The more important question is whether you think that the business environment has changed so much that it is no longer possible to get the high historical returns. So if the 10 + % is the new normal, then you would not go in.
