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Tropical Canning (Thailand) PCLBKK:TC +0.75%79 Return-on-Tangible-Asset is 6.65% as of Mar. 2026, which is 26% above its 10-year median of 5.28. GuruFocus rates BKK:TC with a GF Score™ of 79/100 and a GF Value™ of ฿6.46 (Fairly Valued). The stock has 10 warning signs investors should review. Among 1,997 Consumer Packaged Goods companies, Tropical Canning (Thailand) PCL ranks better than 60.49% on this metric.
The historical rank and industry rank for Tropical Canning (Thailand) PCL's Return-on-Tangible-Asset or its related term are showing as below:
BKK:TC'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -5.7 Med: 5.28 Max: 14.53
Current: 5.36
During the past 13 years, Tropical Canning (Thailand) PCL's highest Return-on-Tangible-Asset was 14.53%. The lowest was -5.70%. And the median was 5.28%.
BKK:TC's Return-on-Tangible-Asset is ranked better than 60.49% of 1997
companies
in the Consumer Packaged Goods industry
Industry Median: 3.43
vs BKK:TC: 5.36
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Tropical Canning (Thailand) PCL Return-on-Tangible-Asset Related Terms
Tropical Canning (Thailand) PCL Return-on-Tangible-Asset 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.
BKK:TC vs KHC, GIS: Return-on-Tangible-Asset Comparison
For the Packaged Foods subindustry, Tropical Canning (Thailand) PCL's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.
Tropical Canning (Thailand) PCL Return-on-Tangible-Asset vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Tropical Canning (Thailand) PCL's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Tropical Canning (Thailand) PCL's Return-on-Tangible-Asset 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 annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 6.65% mean?
Tropical Canning (Thailand) PCL (BKK:TC) has a Return-on-Tangible-Asset of 6.65% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Tropical Canning (Thailand) PCL and its competitors. This is 26% above median its historical median of 5.28. According to the industry distribution chart, Tropical Canning (Thailand) PCL ranks #789 out of 1997 companies in the Consumer Packaged Goods industry, placing it in the top 39.5%.
Is Tropical Canning (Thailand) PCL's Return-on-Tangible-Asset too high?
Tropical Canning (Thailand) PCL's current Return-on-Tangible-Asset of 6.65% is 26% above median its 10-year median of 5.28. The Consumer Packaged Goods industry median Return-on-Tangible-Asset is 3.43. Tropical Canning (Thailand) PCL's value of 6.65% is 93.9% above this industry median. Based on the distribution chart, Tropical Canning (Thailand) PCL ranks #789 out of 1997 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Tropical Canning (Thailand) PCL has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tropical Canning (Thailand) PCL's Return-on-Tangible-Asset compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Tropical Canning (Thailand) PCL ranks #789 out of 1997 companies for Return-on-Tangible-Asset. This puts Tropical Canning (Thailand) PCL in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.43. Tropical Canning (Thailand) PCL's value of 6.65% is 93.9% above this benchmark. While the company's 10-year median is 5.28 vs. the industry median of 3.43, Tropical Canning (Thailand) PCL has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for a Consumer Packaged Goods company?
The median Return-on-Tangible-Asset among Consumer Packaged Goods companies is 3.43, based on 1,997 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tropical Canning (Thailand) PCL's current Return-on-Tangible-Asset of 6.65% is 93.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Tropical Canning (Thailand) PCL and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Asset is 3.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tropical Canning (Thailand) PCL's current Return-on-Tangible-Asset is 6.65%, which is 26% above median its own 10-year median of 5.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tropical Canning (Thailand) PCL stock overvalued right now?
Based on GuruFocus' analysis, Tropical Canning (Thailand) PCL (BKK:TC) is currently considered Fairly Valued. The stock's GF Value™ is ฿6.46, compared to a current price of ฿6.75 — trading 4.5% above its estimated fair value. The current Return-on-Tangible-Asset is 6.65%, which is 26% above median its 10-year median of 5.28 and 93.9% above the Consumer Packaged Goods industry median of 3.43. Tropical Canning (Thailand) PCL's overall GF Score™ is 79/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Tropical Canning (Thailand) PCL (BKK:TC), the current Return-on-Tangible-Asset is 6.65% 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 Tropical Canning (Thailand) PCL (BKK:TC) Overvalued in 2026?
Based on GuruFocus' analysis, Tropical Canning (Thailand) PCL stock appears to be overvalued.
The current stock price of ฿6.75 is trading 4.5% above its estimated GF Value™ of ฿6.46.
GuruFocus considers Tropical Canning (Thailand) PCL to be Fairly Valued.
Key valuation signals for BKK:TC:
Return-on-Tangible-Asset: 6.65% (26% above median its 10-year median of 5.28)
GF Value™: ฿6.46 vs. price of ฿6.75 (4.5% above fair value)
Industry Position: 93.9% above the Consumer Packaged Goods median (#789 of 1997)
No single metric tells the full story. See the BKK:TC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tropical Canning (Thailand) PCL Business Description
Tropical Canning (Thailand) PCL is engaged in the manufacturing and trading of canned and pouched seafood products. Its products are grouped as Domestic product groups, Tuna product group, Ready-to-eat processed product group, and Pet food group. Geographically, it operates in the Asia continent, excluding Thailand, the America continent, the European continent, the Australia continent, the Africa continent, and Thailand. The Asia continent, excluding Thailand segment, derives the majority of the revenue.
79GF Score
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