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NSL Foods PCLBKK:NSL 88 Return-on-Tangible-Equity is 32.43% as of Mar. 2026, which is 1% above its 10-year median of 32.00. GuruFocus rates BKK:NSL with a GF Score™ of 88/100 and a GF Value™ of ฿35.95 (Possible Value Trap). The stock has 1 warning sign investors should review. Among 1,881 Consumer Packaged Goods companies, NSL Foods PCL ranks better than 88.84% 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. NSL Foods PCL's annualized net income for the quarter that ended in Mar. 2026 was ฿653 Mil. NSL Foods PCL's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ฿2,014 Mil. Therefore, NSL Foods PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 32.43%.
The historical rank and industry rank for NSL Foods PCL's Return-on-Tangible-Equity or its related term are showing as below:
BKK:NSL'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 22.5 Med: 32 Max: 33.59
Current: 31.2
During the past 7 years, NSL Foods PCL's highest Return-on-Tangible-Equity was 33.59%. The lowest was 22.50%. And the median was 32.00%.
BKK:NSL's Return-on-Tangible-Equity is ranked better than 88.84% of 1881
companies
in the Consumer Packaged Goods industry
Industry Median: 7.86
vs BKK:NSL: 31.20
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.
NSL Foods PCL Return-on-Tangible-Equity Related Terms
NSL Foods PCL Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for NSL Foods 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.
BKK:NSL vs KHC, GIS: Return-on-Tangible-Equity Comparison
For the Packaged Foods subindustry, NSL Foods 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.
NSL Foods PCL Return-on-Tangible-Equity vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, NSL Foods PCL's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where NSL Foods 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 32.43% mean?
NSL Foods PCL (BKK:NSL) has a Return-on-Tangible-Equity of 32.43% 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 NSL Foods PCL and its competitors. This is near median its historical median of 32.00. Over the past decade, NSL Foods PCL's Return-on-Tangible-Equity has ranged from 22.50 to 33.59. According to the industry distribution chart, NSL Foods PCL ranks #210 out of 1881 companies in the Consumer Packaged Goods industry, placing it in the top 11.2%.
Is NSL Foods PCL's Return-on-Tangible-Equity too high?
NSL Foods PCL's current Return-on-Tangible-Equity of 32.43% is near median its 10-year median of 32.00. Over the past 10 years, this metric has ranged from a low of 22.50 to a high of 33.59. The Consumer Packaged Goods industry median Return-on-Tangible-Equity is 7.86. NSL Foods PCL's value of 32.43% is 312.6% above this industry median. Based on the distribution chart, NSL Foods PCL ranks #210 out of 1881 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, NSL Foods PCL has a GF Score™ of 88/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does NSL Foods PCL's Return-on-Tangible-Equity compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, NSL Foods PCL ranks #210 out of 1881 companies for Return-on-Tangible-Equity. This places NSL Foods PCL in the top 11% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.86. NSL Foods PCL's value of 32.43% is 312.6% above this benchmark. Historically, NSL Foods PCL's own Return-on-Tangible-Equity has ranged from 22.50 to 33.59 over the past decade. While the company's 10-year median is 32.00 vs. the industry median of 7.86, NSL Foods 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-Equity for a Consumer Packaged Goods company?
The median Return-on-Tangible-Equity among Consumer Packaged Goods companies is 7.86, based on 1,881 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. NSL Foods PCL's current Return-on-Tangible-Equity of 32.43% is 312.6% 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-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 NSL Foods PCL and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Equity is 7.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NSL Foods PCL's current Return-on-Tangible-Equity is 32.43%, which is near median its own 10-year median of 32.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NSL Foods PCL stock overvalued right now?
Based on GuruFocus' analysis, NSL Foods PCL (BKK:NSL) is currently considered Possible Value Trap. The stock's GF Value™ is ฿35.95, compared to a current price of ฿22.70 — trading 36.9% below its estimated fair value. The current Return-on-Tangible-Equity is 32.43%, which is near median its 10-year median of 32.00 and 312.6% above the Consumer Packaged Goods industry median of 7.86. NSL Foods PCL's overall GF Score™ is 88/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For NSL Foods PCL (BKK:NSL), the current Return-on-Tangible-Equity is 32.43% 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 NSL Foods PCL (BKK:NSL) Overvalued in 2026?
Based on GuruFocus' analysis, NSL Foods PCL stock appears to be undervalued.
The current stock price of ฿22.70 is trading 36.9% below its estimated GF Value™ of ฿35.95.
GuruFocus considers NSL Foods PCL to be Possible Value Trap.
Key valuation signals for BKK:NSL:
Return-on-Tangible-Equity: 32.43% (near median its 10-year median of 32.00)
GF Value™: ฿35.95 vs. price of ฿22.70 (36.9% below fair value)
Industry Position: 312.6% above the Consumer Packaged Goods median (#210 of 1881)
No single metric tells the full story. See the BKK:NSL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NSL Foods PCL is engaged in the production and distribution of a wide range of food products, including bakery items, snacks, ready-to-eat meals, and beverages. The company also imports and distributes frozen seafood, imported beef, and a variety of other food items. Geographically, it operates in Thailand.
88GF Score
Get the complete analysis for BKK:NSL
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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