Thai Foods Group PCL (BKK:TFG) Return-on-Tangible-Asset: 11.72% (As of Jun. 2026) — 50% Above Median

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BKK:TFG Thai Foods Group PCL BKK:TFG
70 GF Score
Price ฿9.90
GF Value ฿4.91
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Thai Foods Group PCL Return-on-Tangible-Asset?

Thai Foods Group PCL BKK:TFG +3.13% 70 Return-on-Tangible-Asset is 11.72% as of Jun. 2026, which is 50% above its 10-year median of 7.82. GuruFocus rates BKK:TFG with a GF Score™ of 70/100 and a GF Value™ of ฿4.91 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,994 Consumer Packaged Goods companies, Thai Foods Group PCL ranks better than 88.52% on this metric.

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Thai Foods Group PCL's annualized Net Income for the quarter that ended in Jun. 2026 was ฿5,898 Mil. Thai Foods Group PCL's average total tangible assets for the quarter that ended in Jun. 2026 was ฿50,304 Mil. Therefore, Thai Foods Group PCL's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 11.72%.

The historical rank and industry rank for Thai Foods Group PCL's Return-on-Tangible-Asset or its related term are showing as below:

BKK:TFG' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.76   Med: 7.82   Max: 15.9
Current: 13.38

During the past 12 years, Thai Foods Group PCL's highest Return-on-Tangible-Asset was 15.90%. The lowest was -1.76%. And the median was 7.82%.

BKK:TFG's Return-on-Tangible-Asset is ranked better than
88.52% of 1994 companies
in the Consumer Packaged Goods industry
Industry Median: 3.53 vs BKK:TFG: 13.38

Thai Foods Group PCL  (BKK:TFG) Return-on-Tangible-Asset Explanation

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 company’s 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 company’s 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.


Thai Foods Group PCL Return-on-Tangible-Asset Related Terms


Thai Foods Group PCL Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Thai Foods Group PCL's Return-on-Tangible-Asset 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.

Thai Foods Group PCL Return-on-Tangible-Asset Chart

Thai Foods Group PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.83 11.68 -1.76 6.77 15.90

Thai Foods Group PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Return-on-Tangible-Asset 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 22.72 15.15 9.92 16.93 11.72

BKK:TFG vs ADM, BG, TSN: Return-on-Tangible-Asset Comparison

For the Farm Products subindustry, Thai Foods Group 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.


Thai Foods Group PCL Return-on-Tangible-Asset vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Thai Foods Group PCL's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Thai Foods Group PCL's Return-on-Tangible-Asset falls into.


BKK:TFG
70GF Score
Thai Foods Group PCL BKK:TFG
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thai Foods Group PCL Return-on-Tangible-Asset Calculation

Thai Foods Group PCL's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=7440.837/( (45933.797+47638.714)/ 2 )
=7440.837/46786.2555
=15.90 %

Thai Foods Group PCL's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=5897.84/( (49066.178+51541.811)/ 2 )
=5897.84/50303.9945
=11.72 %

* 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 (Jun. 2026) net income data.

What does a Return-on-Tangible-Asset of 11.72% mean?
Thai Foods Group PCL (BKK:TFG) has a Return-on-Tangible-Asset of 11.72% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Thai Foods Group PCL and its competitors. This is 50% above median its historical median of 7.82. According to the industry distribution chart, Thai Foods Group PCL ranks #229 out of 1994 companies in the Consumer Packaged Goods industry, placing it in the top 11.5%.
Is Thai Foods Group PCL's Return-on-Tangible-Asset too high?
Thai Foods Group PCL's current Return-on-Tangible-Asset of 11.72% is 50% above median its 10-year median of 7.82. The Consumer Packaged Goods industry median Return-on-Tangible-Asset is 3.53. Thai Foods Group PCL's value of 11.72% is 232% above this industry median. Based on the distribution chart, Thai Foods Group PCL ranks #229 out of 1994 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Thai Foods Group PCL has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thai Foods Group PCL's Return-on-Tangible-Asset compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Thai Foods Group PCL ranks #229 out of 1994 companies for Return-on-Tangible-Asset. This places Thai Foods Group PCL in the top 12% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.53. Thai Foods Group PCL's value of 11.72% is 232% above this benchmark. While the company's 10-year median is 7.82 vs. the industry median of 3.53, Thai Foods Group 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 3.53, based on 1,994 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. Thai Foods Group PCL's current Return-on-Tangible-Asset of 11.72% is 232% 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 Thai Foods Group PCL and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Asset is 3.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Foods Group PCL's current Return-on-Tangible-Asset is 11.72%, which is 50% above median its own 10-year median of 7.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Foods Group PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Foods Group PCL (BKK:TFG) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿4.91, compared to a current price of ฿9.90 — trading 101.6% above its estimated fair value. The current Return-on-Tangible-Asset is 11.72%, which is 50% above median its 10-year median of 7.82 and 232% above the Consumer Packaged Goods industry median of 3.53. Thai Foods Group PCL's overall GF Score™ is 70/100 with 6 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 Thai Foods Group PCL (BKK:TFG), the current Return-on-Tangible-Asset is 11.72% as of Jun. 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 Thai Foods Group PCL (BKK:TFG) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Foods Group PCL stock appears to be overvalued. The current stock price of ฿9.90 is trading 101.6% above its estimated GF Value™ of ฿4.91. GuruFocus considers Thai Foods Group PCL to be Significantly Overvalued.

Key valuation signals for BKK:TFG:

  • Return-on-Tangible-Asset: 11.72% (50% above median its 10-year median of 7.82)
  • GF Value™: ฿4.91 vs. price of ฿9.90 (101.6% above fair value)
  • GF Score™: 70/100 with 6 warning signs
  • Industry Position: 232% above the Consumer Packaged Goods median (#229 of 1994)

No single metric tells the full story. See the BKK:TFG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Thai Foods Group PCL Business Description

Address Viphavadi Rangsit Road, 1010, Shinawatra Tower 3 Building, 12th Floor, Kwang Chatuchak, Khet Chatuchak, Bangkok, THA, 10900
Thai Foods Group PCL is a farm products company. Its operating segment includes Poultry, Swine, Feed Mill, Retail and Other business segments. The activities of the group are producing and distributing frozen and chilled chicken meat and products of chicken meat including producing and distributing swine and feed mills. Geographically, the company manages and operates its business activities principally in Thailand. It generates maximum revenue from the Poultry segment.
70GF Score

Get the complete analysis for BKK:TFG

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿9.90
Price
฿4.91
GF Value