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New Plus Knitting PCLBKK:NPK 71 Return-on-Tangible-Equity is 0.36% as of Mar. 2026, which is 87% below its 10-year median of 2.80. GuruFocus rates BKK:NPK with a GF Score™ of 71/100 and a GF Value™ of ฿14.51 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,018 Manufacturing - Apparel & Accessories companies, New Plus Knitting PCL ranks better than 55.99% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. New Plus Knitting PCL's annualized net income for the quarter that ended in Mar. 2026 was ฿1.6 Mil. New Plus Knitting PCL's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ฿449.3 Mil. Therefore, New Plus Knitting PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 0.36%.
The historical rank and industry rank for New Plus Knitting PCL's Return-on-Tangible-Equity or its related term are showing as below:
BKK:NPK'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -4.53 Med: 2.8 Max: 13.39
Current: 5.79
During the past 13 years, New Plus Knitting PCL's highest Return-on-Tangible-Equity was 13.39%. The lowest was -4.53%. And the median was 2.80%.
BKK:NPK's Return-on-Tangible-Equity is ranked better than 55.99% of 1018
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.425
vs BKK:NPK: 5.79
New Plus Knitting PCL (BKK:NPK) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
New Plus Knitting PCL Return-on-Tangible-Equity Related Terms
New Plus Knitting PCL Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for New Plus Knitting PCL's Return-on-Tangible-Equity 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.
New Plus Knitting PCL Return-on-Tangible-Equity Chart
BKK:NPK vs RL, LEVI, VFC: Return-on-Tangible-Equity Comparison
For the Apparel Manufacturing subindustry, New Plus Knitting PCL's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.
New Plus Knitting PCL Return-on-Tangible-Equity vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, New Plus Knitting PCL's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where New Plus Knitting PCL's Return-on-Tangible-Equity 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity 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.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 0.36% mean?
New Plus Knitting PCL (BKK:NPK) has a Return-on-Tangible-Equity of 0.36% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on New Plus Knitting PCL and its competitors. This is 87% below median its historical median of 2.80. According to the industry distribution chart, New Plus Knitting PCL ranks #448 out of 1018 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 44%.
Is New Plus Knitting PCL's Return-on-Tangible-Equity too high?
New Plus Knitting PCL's current Return-on-Tangible-Equity of 0.36% is 87% below median its 10-year median of 2.80. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Equity is 4.43. New Plus Knitting PCL's value of 0.36% is 91.9% below this industry median. Based on the distribution chart, New Plus Knitting PCL ranks #448 out of 1018 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, New Plus Knitting PCL has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does New Plus Knitting PCL's Return-on-Tangible-Equity compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, New Plus Knitting PCL ranks #448 out of 1018 companies for Return-on-Tangible-Equity. This puts New Plus Knitting PCL in the upper half of its industry. The industry median Return-on-Tangible-Equity is 4.43. New Plus Knitting PCL's value of 0.36% is 91.9% below this benchmark. While the company's 10-year median is 2.80 vs. the industry median of 4.43, New Plus Knitting PCL has consistently been below 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-Equity for a Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Equity among Manufacturing - Apparel & Accessories companies is 4.43, based on 1,018 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. New Plus Knitting PCL's current Return-on-Tangible-Equity of 0.36% is 91.9% below 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on New Plus Knitting PCL and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Equity is 4.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Plus Knitting PCL's current Return-on-Tangible-Equity is 0.36%, which is 87% below median its own 10-year median of 2.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Plus Knitting PCL stock overvalued right now?
Based on GuruFocus' analysis, New Plus Knitting PCL (BKK:NPK) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿14.51, compared to a current price of ฿12.90 — trading 11.1% below its estimated fair value. The current Return-on-Tangible-Equity is 0.36%, which is 87% below median its 10-year median of 2.80 and 91.9% below the Manufacturing - Apparel & Accessories industry median of 4.43. New Plus Knitting PCL's overall GF Score™ is 71/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For New Plus Knitting PCL (BKK:NPK), the current Return-on-Tangible-Equity is 0.36% 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 New Plus Knitting PCL (BKK:NPK) Overvalued in 2026?
Based on GuruFocus' analysis, New Plus Knitting PCL stock appears to be undervalued.
The current stock price of ฿12.90 is trading 11.1% below its estimated GF Value™ of ฿14.51.
GuruFocus considers New Plus Knitting PCL to be Modestly Undervalued.
Key valuation signals for BKK:NPK:
Return-on-Tangible-Equity: 0.36% (87% below median its 10-year median of 2.80)
GF Value™: ฿14.51 vs. price of ฿12.90 (11.1% below fair value)
Industry Position: 91.9% below the Manufacturing - Apparel & Accessories median (#448 of 1018)
No single metric tells the full story. See the BKK:NPK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
New Plus Knitting PCL is engaged in the business of producing and distributing women's stockings, socks, and women's underwear and other products related to such products. The products are sold both domestically and internationally. The majority of the company's revenue is derived from the sale of Hosiery and socks.
71GF Score
Get the complete analysis for BKK:NPK
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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