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T S Flour Mill PCLBKK:TMILL -0.72%79 Return-on-Tangible-Equity is 12.02% as of Mar. 2026, which is 18% above its 10-year median of 10.21. GuruFocus rates BKK:TMILL with a GF Score™ of 79/100 and a GF Value™ of ฿2.65 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,880 Consumer Packaged Goods companies, T S Flour Mill PCL ranks worse than 57.29% 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. T S Flour Mill PCL's annualized net income for the quarter that ended in Mar. 2026 was ฿129 Mil. T S Flour Mill PCL's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ฿1,077 Mil. Therefore, T S Flour Mill PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 12.02%.
The historical rank and industry rank for T S Flour Mill PCL's Return-on-Tangible-Equity or its related term are showing as below:
BKK:TMILL'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.82 Med: 10.21 Max: 12.85
Current: 6.13
During the past 13 years, T S Flour Mill PCL's highest Return-on-Tangible-Equity was 12.85%. The lowest was 1.82%. And the median was 10.21%.
BKK:TMILL's Return-on-Tangible-Equity is ranked worse than 57.29% of 1880
companies
in the Consumer Packaged Goods industry
Industry Median: 7.845
vs BKK:TMILL: 6.13
T S Flour Mill PCL (BKK:TMILL) 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.
T S Flour Mill PCL Return-on-Tangible-Equity Related Terms
T S Flour Mill PCL Return-on-Tangible-Equity Historical Data
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The historical data trend for T S Flour Mill 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.
T S Flour Mill PCL Return-on-Tangible-Equity Chart
BKK:TMILL vs ADM, BG, TSN: Return-on-Tangible-Equity Comparison
For the Farm Products subindustry, T S Flour Mill 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.
T S Flour Mill PCL Return-on-Tangible-Equity vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, T S Flour Mill PCL's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where T S Flour Mill 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 12.02% mean?
T S Flour Mill PCL (BKK:TMILL) has a Return-on-Tangible-Equity of 12.02% 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 T S Flour Mill PCL and its competitors. This is 18% above median its historical median of 10.21. Over the past decade, T S Flour Mill PCL's Return-on-Tangible-Equity has ranged from 1.82 to 12.85. According to the industry distribution chart, T S Flour Mill PCL ranks #1077 out of 1880 companies in the Consumer Packaged Goods industry, placing it in the top 57.3%.
Is T S Flour Mill PCL's Return-on-Tangible-Equity too high?
T S Flour Mill PCL's current Return-on-Tangible-Equity of 12.02% is 18% above median its 10-year median of 10.21. Over the past 10 years, this metric has ranged from a low of 1.82 to a high of 12.85. The Consumer Packaged Goods industry median Return-on-Tangible-Equity is 7.85. T S Flour Mill PCL's value of 12.02% is 53.2% above this industry median. Based on the distribution chart, T S Flour Mill PCL ranks #1077 out of 1880 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, T S Flour Mill 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 T S Flour Mill PCL's Return-on-Tangible-Equity compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, T S Flour Mill PCL ranks #1077 out of 1880 companies for Return-on-Tangible-Equity. This places T S Flour Mill PCL in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.85. T S Flour Mill PCL's value of 12.02% is 53.2% above this benchmark. Historically, T S Flour Mill PCL's own Return-on-Tangible-Equity has ranged from 1.82 to 12.85 over the past decade. While the company's 10-year median is 10.21 vs. the industry median of 7.85, T S Flour Mill 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 7.85, 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. T S Flour Mill PCL's current Return-on-Tangible-Equity of 12.02% is 53.2% 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 T S Flour Mill PCL and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Equity is 7.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. T S Flour Mill PCL's current Return-on-Tangible-Equity is 12.02%, which is 18% above median its own 10-year median of 10.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is T S Flour Mill PCL stock overvalued right now?
Based on GuruFocus' analysis, T S Flour Mill PCL (BKK:TMILL) is currently considered Fairly Valued. The stock's GF Value™ is ฿2.65, compared to a current price of ฿2.74 — trading 3.4% above its estimated fair value. The current Return-on-Tangible-Equity is 12.02%, which is 18% above median its 10-year median of 10.21 and 53.2% above the Consumer Packaged Goods industry median of 7.85. T S Flour Mill PCL's overall GF Score™ is 79/100 with 5 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 T S Flour Mill PCL (BKK:TMILL), the current Return-on-Tangible-Equity is 12.02% 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 T S Flour Mill PCL (BKK:TMILL) Overvalued in 2026?
Based on GuruFocus' analysis, T S Flour Mill PCL stock appears to be overvalued.
The current stock price of ฿2.74 is trading 3.4% above its estimated GF Value™ of ฿2.65.
GuruFocus considers T S Flour Mill PCL to be Fairly Valued.
Key valuation signals for BKK:TMILL:
Return-on-Tangible-Equity: 12.02% (18% above median its 10-year median of 10.21)
GF Value™: ฿2.65 vs. price of ฿2.74 (3.4% above fair value)
Industry Position: 53.2% above the Consumer Packaged Goods median (#1077 of 1880)
No single metric tells the full story. See the BKK:TMILL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
T S Flour Mill PCL is a Thailand-based company engaged in the production and distribution of wheat flour. The company's product includes flour of different kinds such as Bread flour, Fresh noodle flour, Instant noodle flour, Biscuit flour, Cake flour, Steamed bun flour, Dough stick flour, patangko flour as well as all-purpose flour. The majority of the operation of the company is solely made in Thailand.
79GF Score
Get the complete analysis for BKK:TMILL
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