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Thai Eastern Group Holdings PCLBKK:TEGH +0.66%68 Return-on-Tangible-Equity is 8.26% as of Mar. 2026, which is 46% below its 10-year median of 15.32. GuruFocus rates BKK:TEGH with a GF Score™ of 68/100 and a GF Value™ of ฿3.77 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,575 Chemicals companies, Thai Eastern Group Holdings PCL ranks better than 71.94% on this metric.
The historical rank and industry rank for Thai Eastern Group Holdings PCL's Return-on-Tangible-Equity or its related term are showing as below:
BKK:TEGH'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.66 Med: 15.32 Max: 32.38
Current: 11.41
During the past 6 years, Thai Eastern Group Holdings PCL's highest Return-on-Tangible-Equity was 32.38%. The lowest was 2.66%. And the median was 15.32%.
BKK:TEGH's Return-on-Tangible-Equity is ranked better than 71.94% of 1575
companies
in the Chemicals industry
Industry Median: 6.1
vs BKK:TEGH: 11.41
Thai Eastern Group Holdings PCL (BKK:TEGH) 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.
Thai Eastern Group Holdings PCL Return-on-Tangible-Equity Related Terms
Thai Eastern Group Holdings PCL Return-on-Tangible-Equity 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.
Thai Eastern Group Holdings PCL Return-on-Tangible-Equity Chart
BKK:TEGH vs LIN, SHW, ECL: Return-on-Tangible-Equity Comparison
For the Specialty Chemicals subindustry, Thai Eastern Group Holdings 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.
Thai Eastern Group Holdings PCL Return-on-Tangible-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Thai Eastern Group Holdings PCL's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Thai Eastern Group Holdings 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 8.26% mean?
Thai Eastern Group Holdings PCL (BKK:TEGH) has a Return-on-Tangible-Equity of 8.26% 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 Thai Eastern Group Holdings PCL and its competitors. This is 46% below median its historical median of 15.32. Over the past decade, Thai Eastern Group Holdings PCL's Return-on-Tangible-Equity has ranged from 2.66 to 32.38. According to the industry distribution chart, Thai Eastern Group Holdings PCL ranks #442 out of 1575 companies in the Chemicals industry, placing it in the top 28.1%.
Is Thai Eastern Group Holdings PCL's Return-on-Tangible-Equity too high?
Thai Eastern Group Holdings PCL's current Return-on-Tangible-Equity of 8.26% is 46% below median its 10-year median of 15.32. Over the past 10 years, this metric has ranged from a low of 2.66 to a high of 32.38. The Chemicals industry median Return-on-Tangible-Equity is 6.10. Thai Eastern Group Holdings PCL's value of 8.26% is 35.4% above this industry median. Based on the distribution chart, Thai Eastern Group Holdings PCL ranks #442 out of 1575 companies in the Chemicals industry, which is above the industry midpoint. Overall, Thai Eastern Group Holdings PCL has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thai Eastern Group Holdings PCL's Return-on-Tangible-Equity compare to LIN and SHW?
According to the Chemicals industry distribution chart, Thai Eastern Group Holdings PCL ranks #442 out of 1575 companies for Return-on-Tangible-Equity. This puts Thai Eastern Group Holdings PCL in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.10. Thai Eastern Group Holdings PCL's value of 8.26% is 35.4% above this benchmark. Historically, Thai Eastern Group Holdings PCL's own Return-on-Tangible-Equity has ranged from 2.66 to 32.38 over the past decade. While the company's 10-year median is 15.32 vs. the industry median of 6.10, Thai Eastern Group Holdings 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 Chemicals company?
The median Return-on-Tangible-Equity among Chemicals companies is 6.10, based on 1,575 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. Thai Eastern Group Holdings PCL's current Return-on-Tangible-Equity of 8.26% is 35.4% 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 Thai Eastern Group Holdings PCL and its competitors. For the Chemicals industry, the median Return-on-Tangible-Equity is 6.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Eastern Group Holdings PCL's current Return-on-Tangible-Equity is 8.26%, which is 46% below median its own 10-year median of 15.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Eastern Group Holdings PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Eastern Group Holdings PCL (BKK:TEGH) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿3.77, compared to a current price of ฿3.06 — trading 18.8% below its estimated fair value. The current Return-on-Tangible-Equity is 8.26%, which is 46% below median its 10-year median of 15.32 and 35.4% above the Chemicals industry median of 6.10. Thai Eastern Group Holdings PCL's overall GF Score™ is 68/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Thai Eastern Group Holdings PCL (BKK:TEGH), the current Return-on-Tangible-Equity is 8.26% 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 Eastern Group Holdings PCL (BKK:TEGH) Overvalued in 2026?
Based on GuruFocus' analysis, Thai Eastern Group Holdings PCL stock appears to be undervalued.
The current stock price of ฿3.06 is trading 18.8% below its estimated GF Value™ of ฿3.77.
GuruFocus considers Thai Eastern Group Holdings PCL to be Modestly Undervalued.
Key valuation signals for BKK:TEGH:
Return-on-Tangible-Equity: 8.26% (46% below median its 10-year median of 15.32)
GF Value™: ฿3.77 vs. price of ฿3.06 (18.8% below fair value)
Industry Position: 35.4% above the Chemicals median (#442 of 1575)
No single metric tells the full story. See the BKK:TEGH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thai Eastern Group Holdings PCL is engaged in investment in equity securities and the provision of management services. The group has four reportable segments: Block Rubber and Concentrated Latex, Crude Palm Oil, Energy, and Other. The Block Rubber and Concentrated Latex segment is involved in the manufacture and distribution of block rubber products and concentrated latex. The Crude Palm Oil segment is engaged in the manufacture and distribution of crude palm oil and palm seed oil. The Energy segment focuses on the generation and distribution of electricity and biogas, including organic waste treatment services. The Other segment provides logistics and related services. It generates the majority of its revenue from the Block Rubber and Concentrated Latex segment.
68GF Score
Get the complete analysis for BKK:TEGH
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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