Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Indofood Agri ResourcesFRA:ZVF -1.74%55 Return-on-Tangible-Equity is 7.53% as of Jun. 2026, which is 4% below its 10-year median of 7.82. GuruFocus rates FRA:ZVF with a GF Score™ of 55/100 and a GF Value™ of €0.24 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,877 Consumer Packaged Goods companies, Indofood Agri Resources ranks better than 62.44% 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. Indofood Agri Resources's annualized net income for the quarter that ended in Jun. 2026 was €43 Mil. Indofood Agri Resources's average shareholder tangible equity for the quarter that ended in Jun. 2026 was €572 Mil. Therefore, Indofood Agri Resources's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 7.53%.
The historical rank and industry rank for Indofood Agri Resources's Return-on-Tangible-Equity or its related term are showing as below:
FRA:ZVF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -6.51 Med: 7.82 Max: 12.55
Current: 11.9
During the past 13 years, Indofood Agri Resources's highest Return-on-Tangible-Equity was 12.55%. The lowest was -6.51%. And the median was 7.82%.
FRA:ZVF's Return-on-Tangible-Equity is ranked better than 62.44% of 1877
companies
in the Consumer Packaged Goods industry
Industry Median: 7.99
vs FRA:ZVF: 11.90
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.
Indofood Agri Resources Return-on-Tangible-Equity Related Terms
Indofood Agri Resources Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Indofood Agri Resources'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.
FRA:ZVF vs KHC, GIS: Return-on-Tangible-Equity Comparison
For the Packaged Foods subindustry, Indofood Agri Resources'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.
Indofood Agri Resources Return-on-Tangible-Equity vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Indofood Agri Resources's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Indofood Agri Resources'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 two times the semi-annual (Jun. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 7.53% mean?
Indofood Agri Resources (FRA:ZVF) has a Return-on-Tangible-Equity of 7.53% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Indofood Agri Resources and its competitors. This is near median its historical median of 7.82. According to the industry distribution chart, Indofood Agri Resources ranks #705 out of 1877 companies in the Consumer Packaged Goods industry, placing it in the top 37.6%.
Is Indofood Agri Resources' Return-on-Tangible-Equity too high?
Indofood Agri Resources' current Return-on-Tangible-Equity of 7.53% is near median its 10-year median of 7.82. The Consumer Packaged Goods industry median Return-on-Tangible-Equity is 7.99. Indofood Agri Resources' value of 7.53% is 5.8% below this industry median. Based on the distribution chart, Indofood Agri Resources ranks #705 out of 1877 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Indofood Agri Resources has a GF Score™ of 55/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Indofood Agri Resources' Return-on-Tangible-Equity compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Indofood Agri Resources ranks #705 out of 1877 companies for Return-on-Tangible-Equity. This puts Indofood Agri Resources in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.99. Indofood Agri Resources' value of 7.53% is 5.8% below this benchmark. While the company's 10-year median is 7.82 vs. the industry median of 7.99, Indofood Agri Resources has consistently been below 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 7.99, based on 1,877 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. Indofood Agri Resources's current Return-on-Tangible-Equity of 7.53% is 5.8% below 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 Indofood Agri Resources and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Equity is 7.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indofood Agri Resources's current Return-on-Tangible-Equity is 7.53%, which is near median its own 10-year median of 7.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indofood Agri Resources stock overvalued right now?
Based on GuruFocus' analysis, Indofood Agri Resources (FRA:ZVF) is currently considered Fairly Valued. The stock's GF Value™ is €0.24, compared to a current price of €0.23 — trading 5.8% below its estimated fair value. The current Return-on-Tangible-Equity is 7.53%, which is near median its 10-year median of 7.82 and 5.8% below the Consumer Packaged Goods industry median of 7.99. Indofood Agri Resources' overall GF Score™ is 55/100 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 Indofood Agri Resources (FRA:ZVF), the current Return-on-Tangible-Equity is 7.53% as of Jun. 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 Indofood Agri Resources (FRA:ZVF) Overvalued in 2026?
Based on GuruFocus' analysis, Indofood Agri Resources stock appears to be undervalued.
The current stock price of €0.23 is trading 5.8% below its estimated GF Value™ of €0.24.
GuruFocus considers Indofood Agri Resources to be Fairly Valued.
Key valuation signals for FRA:ZVF:
Return-on-Tangible-Equity: 7.53% (near median its 10-year median of 7.82)
GF Value™: €0.24 vs. price of €0.23 (5.8% below fair value)
Industry Position: 5.8% below the Consumer Packaged Goods median (#705 of 1877)
No single metric tells the full story. See the FRA:ZVF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Indofood Agri Resources Ltd is a vertically-integrated agribusiness group, with its principal activities comprising research and development, oil palm seed breeding, cultivation of oil palm plantations, production and refining of crude palm oil, cultivation of rubber, sugar cane, cocoa, coconut, tea, and industrial timber plantations, and marketing and selling these end products. The company has two reportable operating segments: Plantations and the Edible Oils and Fats segment. The majority of revenue is derived from the Edible oils and fats segment, which produces, markets and sells edible oil, margarine, shortening and other related products and its derivative products. Geographically, the maximum revenue is generated from Indonesia.
55GF Score
Get the complete analysis for FRA:ZVF
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:ZVF has been successfully added to your 
