Thai Packaging & Printing PCLBKK:TPP-R 81 Return-on-Tangible-Asset is 7.48% as of Mar. 2026, which is 272% above its 10-year median of 2.01. GuruFocus rates BKK:TPP-R with a GF Score™ of 81/100 and a GF Value™ of ฿12.74. The stock has 1 warning sign investors should review. Among 401 Packaging & Containers companies, Thai Packaging & Printing PCL ranks better than 72.32% on this metric.
The historical rank and industry rank for Thai Packaging & Printing PCL's Return-on-Tangible-Asset or its related term are showing as below:
BKK:TPP-R'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -0.38 Med: 2.01 Max: 5.64
Current: 5.64
During the past 13 years, Thai Packaging & Printing PCL's highest Return-on-Tangible-Asset was 5.64%. The lowest was -0.38%. And the median was 2.01%.
BKK:TPP-R's Return-on-Tangible-Asset is ranked better than 72.32% of 401
companies
in the Packaging & Containers industry
Industry Median: 2.91
vs BKK:TPP-R: 5.64
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.
Thai Packaging & Printing PCL Return-on-Tangible-Asset Related Terms
Thai Packaging & Printing 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:TPP-R vs SW, PKG, AMCR: Return-on-Tangible-Asset Comparison
For the Packaging & Containers subindustry, Thai Packaging & Printing 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 Packaging & Printing PCL Return-on-Tangible-Asset vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Thai Packaging & Printing PCL's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Thai Packaging & Printing 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 7.48% mean?
Thai Packaging & Printing PCL (BKK:TPP-R) has a Return-on-Tangible-Asset of 7.48% 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 Thai Packaging & Printing PCL and its competitors. This is 272% above median its historical median of 2.01. According to the industry distribution chart, Thai Packaging & Printing PCL ranks #111 out of 401 companies in the Packaging & Containers industry, placing it in the top 27.7%.
Is Thai Packaging & Printing PCL's Return-on-Tangible-Asset too high?
Thai Packaging & Printing PCL's current Return-on-Tangible-Asset of 7.48% is 272% above median its 10-year median of 2.01. The Packaging & Containers industry median Return-on-Tangible-Asset is 2.91. Thai Packaging & Printing PCL's value of 7.48% is 157% above this industry median. Based on the distribution chart, Thai Packaging & Printing PCL ranks #111 out of 401 companies in the Packaging & Containers industry, which is above the industry midpoint. Overall, Thai Packaging & Printing PCL has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does Thai Packaging & Printing PCL's Return-on-Tangible-Asset compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Thai Packaging & Printing PCL ranks #111 out of 401 companies for Return-on-Tangible-Asset. This puts Thai Packaging & Printing PCL in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.91. Thai Packaging & Printing PCL's value of 7.48% is 157% above this benchmark. While the company's 10-year median is 2.01 vs. the industry median of 2.91, Thai Packaging & Printing 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 Packaging & Containers company?
The median Return-on-Tangible-Asset among Packaging & Containers companies is 2.91, based on 401 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 Packaging & Printing PCL's current Return-on-Tangible-Asset of 7.48% is 157% 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 Packaging & Printing PCL and its competitors. For the Packaging & Containers industry, the median Return-on-Tangible-Asset is 2.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Packaging & Printing PCL's current Return-on-Tangible-Asset is 7.48%, which is 272% above median its own 10-year median of 2.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Packaging & Printing PCL stock overvalued right now?
Thai Packaging & Printing PCL (BKK:TPP-R) has a current Return-on-Tangible-Asset of 7.48%. The stock's GF Value™ is ฿12.74, compared to a current price of ฿10.20 — trading 19.9% below its estimated fair value. The current Return-on-Tangible-Asset is 7.48%, which is 272% above median its 10-year median of 2.01 and 157% above the Packaging & Containers industry median of 2.91. Thai Packaging & Printing PCL's overall GF Score™ is 81/100 with 1 warning sign 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 Packaging & Printing PCL (BKK:TPP-R), the current Return-on-Tangible-Asset is 7.48% 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 Thai Packaging & Printing PCL (BKK:TPP-R) Overvalued in 2026?
Based on GuruFocus' analysis, Thai Packaging & Printing PCL stock appears to be undervalued.
The current stock price of ฿10.20 is trading 19.9% below its estimated GF Value™ of ฿12.74.
Key valuation signals for BKK:TPP-R:
Return-on-Tangible-Asset: 7.48% (272% above median its 10-year median of 2.01)
GF Value™: ฿12.74 vs. price of ฿10.20 (19.9% below fair value)
Industry Position: 157% above the Packaging & Containers median (#111 of 401)
No single metric tells the full story. See the BKK:TPP-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thai Packaging & Printing PCL Business Description
Thai Packaging & Printing PCL along with its subsidiaries is engaged in the manufacturing and distributing of box packaging. It manufactures its products for automotive, electric, medical appliances, food and beverage, houseware, fast-moving consumer, toy, and miscellaneous industries. It offers design and development solutions for industrial and consumer packaging. Its products include Folding boxes, Corrugated folding boxes, Ice cream tubes, Corrugated sheet board, Corrugated master cartons, Leaflet brochures, and magazines. The company also offer agent services for air passengers and cargo. It generates a majority of the revenue from the Packaging business.
81GF Score
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