Thai Packaging & Printing PCLBKK:TPP-R 81 Return-on-Tangible-Equity is 8.67% as of Mar. 2026, which is 274% above its 10-year median of 2.32. GuruFocus rates BKK:TPP-R with a GF Score™ of 81/100 and a GF Value™ of ฿12.74. The stock has 1 warning sign investors should review. Among 387 Packaging & Containers companies, Thai Packaging & Printing PCL ranks better than 52.71% 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 Packaging & Printing PCL's annualized net income for the quarter that ended in Mar. 2026 was ฿84.3 Mil. Thai Packaging & Printing PCL's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ฿972.3 Mil. Therefore, Thai Packaging & Printing PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 8.67%.
The historical rank and industry rank for Thai Packaging & Printing PCL's Return-on-Tangible-Equity or its related term are showing as below:
BKK:TPP-R'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -0.43 Med: 2.32 Max: 6.53
Current: 6.53
During the past 13 years, Thai Packaging & Printing PCL's highest Return-on-Tangible-Equity was 6.53%. The lowest was -0.43%. And the median was 2.32%.
BKK:TPP-R's Return-on-Tangible-Equity is ranked better than 52.71% of 387
companies
in the Packaging & Containers industry
Industry Median: 5.97
vs BKK:TPP-R: 6.53
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 Packaging & Printing PCL Return-on-Tangible-Equity Related Terms
Thai Packaging & Printing 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.
BKK:TPP-R vs SW, PKG, AMCR: Return-on-Tangible-Equity Comparison
For the Packaging & Containers subindustry, Thai Packaging & Printing 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 Packaging & Printing PCL Return-on-Tangible-Equity vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Thai Packaging & Printing PCL's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Thai Packaging & Printing 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 8.67% mean?
Thai Packaging & Printing PCL (BKK:TPP-R) has a Return-on-Tangible-Equity of 8.67% 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 Packaging & Printing PCL and its competitors. This is 274% above median its historical median of 2.32. According to the industry distribution chart, Thai Packaging & Printing PCL ranks #183 out of 387 companies in the Packaging & Containers industry, placing it in the top 47.3%.
Is Thai Packaging & Printing PCL's Return-on-Tangible-Equity too high?
Thai Packaging & Printing PCL's current Return-on-Tangible-Equity of 8.67% is 274% above median its 10-year median of 2.32. The Packaging & Containers industry median Return-on-Tangible-Equity is 5.97. Thai Packaging & Printing PCL's value of 8.67% is 45.2% above this industry median. Based on the distribution chart, Thai Packaging & Printing PCL ranks #183 out of 387 companies in the Packaging & Containers industry, which is above the industry midpoint. Overall, Thai Packaging & Printing PCL has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does Thai Packaging & Printing PCL's Return-on-Tangible-Equity compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Thai Packaging & Printing PCL ranks #183 out of 387 companies for Return-on-Tangible-Equity. This puts Thai Packaging & Printing PCL in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.97. Thai Packaging & Printing PCL's value of 8.67% is 45.2% above this benchmark. While the company's 10-year median is 2.32 vs. the industry median of 5.97, Thai Packaging & Printing 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 Packaging & Containers company?
The median Return-on-Tangible-Equity among Packaging & Containers companies is 5.97, based on 387 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 Packaging & Printing PCL's current Return-on-Tangible-Equity of 8.67% is 45.2% 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 Thai Packaging & Printing PCL and its competitors. For the Packaging & Containers industry, the median Return-on-Tangible-Equity is 5.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Packaging & Printing PCL's current Return-on-Tangible-Equity is 8.67%, which is 274% above median its own 10-year median of 2.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Packaging & Printing PCL stock overvalued right now?
Thai Packaging & Printing PCL (BKK:TPP-R) has a current Return-on-Tangible-Equity of 8.67%. The stock's GF Value™ is ฿12.74, compared to a current price of ฿10.20 — trading 19.9% below its estimated fair value. The current Return-on-Tangible-Equity is 8.67%, which is 274% above median its 10-year median of 2.32 and 45.2% above the Packaging & Containers industry median of 5.97. Thai Packaging & Printing PCL's overall GF Score™ is 81/100 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 Thai Packaging & Printing PCL (BKK:TPP-R), the current Return-on-Tangible-Equity is 8.67% 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 Packaging & Printing PCL (BKK:TPP-R) Overvalued in 2026?
Based on GuruFocus' analysis, Thai Packaging & Printing PCL stock appears to be undervalued.
The current stock price of ฿10.20 is trading 19.9% below its estimated GF Value™ of ฿12.74.
Key valuation signals for BKK:TPP-R:
Return-on-Tangible-Equity: 8.67% (274% above median its 10-year median of 2.32)
GF Value™: ฿12.74 vs. price of ฿10.20 (19.9% below fair value)
Industry Position: 45.2% above the Packaging & Containers median (#183 of 387)
No single metric tells the full story. See the BKK:TPP-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thai Packaging & Printing PCL Business Description
Thai Packaging & Printing PCL along with its subsidiaries is engaged in the manufacturing and distributing of box packaging. It manufactures its products for automotive, electric, medical appliances, food and beverage, houseware, fast-moving consumer, toy, and miscellaneous industries. It offers design and development solutions for industrial and consumer packaging. Its products include Folding boxes, Corrugated folding boxes, Ice cream tubes, Corrugated sheet board, Corrugated master cartons, Leaflet brochures, and magazines. The company also offer agent services for air passengers and cargo. It generates a majority of the revenue from the Packaging business.
81GF Score
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