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Thai Foods Group PCLBKK:TFG 72 Return-on-Tangible-Equity is 38.97% as of Mar. 2026, which is 76% above its 10-year median of 22.08. GuruFocus rates BKK:TFG with a GF Score™ of 72/100 and a GF Value™ of ฿5.04 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,880 Consumer Packaged Goods companies, Thai Foods Group PCL ranks better than 90.43% 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. Thai Foods Group PCL's annualized net income for the quarter that ended in Mar. 2026 was ฿8,188 Mil. Thai Foods Group PCL's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ฿21,013 Mil. Therefore, Thai Foods Group PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 38.97%.
The historical rank and industry rank for Thai Foods Group PCL's Return-on-Tangible-Equity or its related term are showing as below:
BKK:TFG'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -5.64 Med: 22.08 Max: 41.21
Current: 37.88
During the past 12 years, Thai Foods Group PCL's highest Return-on-Tangible-Equity was 41.21%. The lowest was -5.64%. And the median was 22.08%.
BKK:TFG's Return-on-Tangible-Equity is ranked better than 90.43% of 1880
companies
in the Consumer Packaged Goods industry
Industry Median: 7.795
vs BKK:TFG: 37.88
Thai Foods Group PCL (BKK:TFG) 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 Foods Group PCL Return-on-Tangible-Equity Related Terms
Thai Foods Group PCL Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Thai Foods Group 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.
Thai Foods Group PCL Return-on-Tangible-Equity Chart
BKK:TFG vs ADM, BG, TSN: Return-on-Tangible-Equity Comparison
For the Farm Products subindustry, Thai Foods Group 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 Foods Group PCL Return-on-Tangible-Equity vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Thai Foods Group PCL's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Thai Foods Group 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 38.97% mean?
Thai Foods Group PCL (BKK:TFG) has a Return-on-Tangible-Equity of 38.97% 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 Foods Group PCL and its competitors. This is 76% above median its historical median of 22.08. According to the industry distribution chart, Thai Foods Group PCL ranks #180 out of 1880 companies in the Consumer Packaged Goods industry, placing it in the top 9.6%.
Is Thai Foods Group PCL's Return-on-Tangible-Equity too high?
Thai Foods Group PCL's current Return-on-Tangible-Equity of 38.97% is 76% above median its 10-year median of 22.08. The Consumer Packaged Goods industry median Return-on-Tangible-Equity is 7.80. Thai Foods Group PCL's value of 38.97% is 399.9% above this industry median. Based on the distribution chart, Thai Foods Group PCL ranks #180 out of 1880 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Thai Foods Group PCL has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thai Foods Group PCL's Return-on-Tangible-Equity compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Thai Foods Group PCL ranks #180 out of 1880 companies for Return-on-Tangible-Equity. This places Thai Foods Group PCL in the top 10% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.80. Thai Foods Group PCL's value of 38.97% is 399.9% above this benchmark. While the company's 10-year median is 22.08 vs. the industry median of 7.80, Thai Foods Group 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 7.80, based on 1,880 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 Foods Group PCL's current Return-on-Tangible-Equity of 38.97% is 399.9% 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 Foods Group PCL and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Equity is 7.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Foods Group PCL's current Return-on-Tangible-Equity is 38.97%, which is 76% above median its own 10-year median of 22.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Foods Group PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Foods Group PCL (BKK:TFG) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿5.04, compared to a current price of ฿10.40 — trading 106.3% above its estimated fair value. The current Return-on-Tangible-Equity is 38.97%, which is 76% above median its 10-year median of 22.08 and 399.9% above the Consumer Packaged Goods industry median of 7.80. Thai Foods Group PCL's overall GF Score™ is 72/100 with 7 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 Foods Group PCL (BKK:TFG), the current Return-on-Tangible-Equity is 38.97% 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 Foods Group PCL (BKK:TFG) Overvalued in 2026?
Based on GuruFocus' analysis, Thai Foods Group PCL stock appears to be overvalued.
The current stock price of ฿10.40 is trading 106.3% above its estimated GF Value™ of ฿5.04.
GuruFocus considers Thai Foods Group PCL to be Significantly Overvalued.
Key valuation signals for BKK:TFG:
Return-on-Tangible-Equity: 38.97% (76% above median its 10-year median of 22.08)
GF Value™: ฿5.04 vs. price of ฿10.40 (106.3% above fair value)
Industry Position: 399.9% above the Consumer Packaged Goods median (#180 of 1880)
No single metric tells the full story. See the BKK:TFG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thai Foods Group PCL is a farm products company. Its operating segment includes Poultry, Swine, Feed Mill, Retail and Other business segments. The activities of the group are producing and distributing frozen and chilled chicken meat and products of chicken meat including producing and distributing swine and feed mills. Geographically, the company manages and operates its business activities principally in Thailand. It generates maximum revenue from the Poultry segment.
72GF Score
Get the complete analysis for BKK:TFG
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