Tropical Canning (Thailand) PCL (BKK:TC) Return-on-Tangible-Equity: 9.29% (As of Mar. 2026) — 24% Above Median


BKK:TC Tropical Canning (Thailand) PCL BKK:TC
79 GF Score
Price ฿6.70
GF Value ฿6.45
Valuation Fairly Valued
! 10 Warning Signs
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What is Tropical Canning (Thailand) PCL Return-on-Tangible-Equity?

Tropical Canning (Thailand) PCL BKK:TC +0.75% 79 Return-on-Tangible-Equity is 9.29% as of Mar. 2026, which is 24% above its 10-year median of 7.52. GuruFocus rates BKK:TC with a GF Score™ of 79/100 and a GF Value™ of ฿6.45 (Fairly Valued). The stock has 10 warning signs investors should review. Among 1,878 Consumer Packaged Goods companies, Tropical Canning (Thailand) PCL ranks worse than 50.69% 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. Tropical Canning (Thailand) PCL's annualized net income for the quarter that ended in Mar. 2026 was ฿262 Mil. Tropical Canning (Thailand) PCL's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ฿2,821 Mil. Therefore, Tropical Canning (Thailand) PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 9.29%.

The historical rank and industry rank for Tropical Canning (Thailand) PCL's Return-on-Tangible-Equity or its related term are showing as below:

BKK:TC' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -7.93   Med: 7.52   Max: 19.84
Current: 7.62

During the past 13 years, Tropical Canning (Thailand) PCL's highest Return-on-Tangible-Equity was 19.84%. The lowest was -7.93%. And the median was 7.52%.

BKK:TC's Return-on-Tangible-Equity is ranked worse than
50.69% of 1878 companies
in the Consumer Packaged Goods industry
Industry Median: 7.78 vs BKK:TC: 7.62

Tropical Canning (Thailand) PCL  (BKK:TC) 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.


Tropical Canning (Thailand) PCL Return-on-Tangible-Equity Related Terms


Tropical Canning (Thailand) PCL Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Tropical Canning (Thailand) 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.

Tropical Canning (Thailand) PCL Return-on-Tangible-Equity Chart

Tropical Canning (Thailand) PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.45 19.84 1.77 12.98 7.59

Tropical Canning (Thailand) PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Equity 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 9.19 6.77 7.63 6.86 9.29

BKK:TC vs KHC, GIS: Return-on-Tangible-Equity Comparison

For the Packaged Foods subindustry, Tropical Canning (Thailand) 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.


Tropical Canning (Thailand) PCL Return-on-Tangible-Equity vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tropical Canning (Thailand) PCL's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Tropical Canning (Thailand) PCL's Return-on-Tangible-Equity falls into.


BKK:TC
79GF Score
Tropical Canning (Thailand) PCL BKK:TC
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tropical Canning (Thailand) PCL Return-on-Tangible-Equity Calculation

Tropical Canning (Thailand) PCL's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=207.647/( (2683.984+2788.435 )/ 2 )
=207.647/2736.2095
=7.59 %

Tropical Canning (Thailand) PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=262.024/( (2788.435+2853.941)/ 2 )
=262.024/2821.188
=9.29 %

* 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 9.29% mean?
Tropical Canning (Thailand) PCL (BKK:TC) has a Return-on-Tangible-Equity of 9.29% 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 Tropical Canning (Thailand) PCL and its competitors. This is 24% above median its historical median of 7.52. According to the industry distribution chart, Tropical Canning (Thailand) PCL ranks #952 out of 1878 companies in the Consumer Packaged Goods industry, placing it in the top 50.7%.
Is Tropical Canning (Thailand) PCL's Return-on-Tangible-Equity too high?
Tropical Canning (Thailand) PCL's current Return-on-Tangible-Equity of 9.29% is 24% above median its 10-year median of 7.52. The Consumer Packaged Goods industry median Return-on-Tangible-Equity is 7.78. Tropical Canning (Thailand) PCL's value of 9.29% is 19.4% above this industry median. Based on the distribution chart, Tropical Canning (Thailand) PCL ranks #952 out of 1878 companies in the Consumer Packaged Goods industry, which is below 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-Equity compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Tropical Canning (Thailand) PCL ranks #952 out of 1878 companies for Return-on-Tangible-Equity. This places Tropical Canning (Thailand) PCL in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.78. Tropical Canning (Thailand) PCL's value of 9.29% is 19.4% above this benchmark. While the company's 10-year median is 7.52 vs. the industry median of 7.78, 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-Equity for a Consumer Packaged Goods company?
The median Return-on-Tangible-Equity among Consumer Packaged Goods companies is 7.78, based on 1,878 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. Tropical Canning (Thailand) PCL's current Return-on-Tangible-Equity of 9.29% is 19.4% 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 Tropical Canning (Thailand) PCL and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Equity is 7.78 — 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-Equity is 9.29%, which is 24% above median its own 10-year median of 7.52. 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 ฿6.45, compared to a current price of ฿6.70 — trading 3.9% above its estimated fair value. The current Return-on-Tangible-Equity is 9.29%, which is 24% above median its 10-year median of 7.52 and 19.4% above the Consumer Packaged Goods industry median of 7.78. 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Tropical Canning (Thailand) PCL (BKK:TC), the current Return-on-Tangible-Equity is 9.29% 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 ฿6.70 is trading 3.9% above its estimated GF Value™ of ฿6.45. GuruFocus considers Tropical Canning (Thailand) PCL to be Fairly Valued.

Key valuation signals for BKK:TC:

  • Return-on-Tangible-Equity: 9.29% (24% above median its 10-year median of 7.52)
  • GF Value™: ฿6.45 vs. price of ฿6.70 (3.9% above fair value)
  • GF Score™: 79/100 with 10 warning signs
  • Industry Position: 19.4% above the Consumer Packaged Goods median (#952 of 1878)

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

Address 1/1 Moo 2, Thungyai, Hatyai, Songkhla, THA, 90110
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

Get the complete analysis for BKK:TC

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

฿6.70
Price
฿6.45
GF Value