First ResourcesFTROF 95 Return-on-Tangible-Equity is 32.27% as of Dec. 2025, which is 90% above its 10-year median of 17.01. GuruFocus rates FTROF with a GF Score™ of 95/100 and a GF Value™ of $1.69. The stock has 3 warning signs investors should review. Among 1,874 Consumer Packaged Goods companies, First Resources ranks better than 85.97% 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. First Resources's annualized net income for the quarter that ended in Dec. 2025 was $409 Mil. First Resources's average shareholder tangible equity for the quarter that ended in Dec. 2025 was $1,269 Mil. Therefore, First Resources's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 32.27%.
The historical rank and industry rank for First Resources's Return-on-Tangible-Equity or its related term are showing as below:
FTROF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 10.66 Med: 17.01 Max: 29.23
Current: 27.61
During the past 13 years, First Resources's highest Return-on-Tangible-Equity was 29.23%. The lowest was 10.66%. And the median was 17.01%.
FTROF's Return-on-Tangible-Equity is ranked better than 85.97% of 1874
companies
in the Consumer Packaged Goods industry
Industry Median: 7.715
vs FTROF: 27.61
First Resources (OTCPK:FTROF) 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.
First Resources Return-on-Tangible-Equity Related Terms
First Resources Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for First 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.
FTROF vs KHC, GIS: Return-on-Tangible-Equity Comparison
For the Packaged Foods subindustry, First 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.
First Resources Return-on-Tangible-Equity vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, First Resources's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where First 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 (Dec. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 32.27% mean?
First Resources (FTROF) has a Return-on-Tangible-Equity of 32.27% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on First Resources and its competitors. This is 90% above median its historical median of 17.01. Over the past decade, First Resources' Return-on-Tangible-Equity has ranged from 10.66 to 29.23. According to the industry distribution chart, First Resources ranks #263 out of 1874 companies in the Consumer Packaged Goods industry, placing it in the top 14%.
Is First Resources' Return-on-Tangible-Equity too high?
First Resources' current Return-on-Tangible-Equity of 32.27% is 90% above median its 10-year median of 17.01. Over the past 10 years, this metric has ranged from a low of 10.66 to a high of 29.23. The Consumer Packaged Goods industry median Return-on-Tangible-Equity is 7.72. First Resources' value of 32.27% is 318.3% above this industry median. Based on the distribution chart, First Resources ranks #263 out of 1874 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, First Resources has a GF Score™ of 95/100, reflecting its overall financial health beyond just this single metric.
How does First Resources' Return-on-Tangible-Equity compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, First Resources ranks #263 out of 1874 companies for Return-on-Tangible-Equity. This places First Resources in the top 14% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.72. First Resources' value of 32.27% is 318.3% above this benchmark. Historically, First Resources' own Return-on-Tangible-Equity has ranged from 10.66 to 29.23 over the past decade. While the company's 10-year median is 17.01 vs. the industry median of 7.72, First Resources 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 7.72, based on 1,874 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. First Resources's current Return-on-Tangible-Equity of 32.27% is 318.3% 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 First Resources and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Equity is 7.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Resources's current Return-on-Tangible-Equity is 32.27%, which is 90% above median its own 10-year median of 17.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Resources stock overvalued right now?
First Resources (FTROF) has a current Return-on-Tangible-Equity of 32.27%. The stock's GF Value™ is $1.69, compared to a current price of $2.26 — trading 33.7% above its estimated fair value. The current Return-on-Tangible-Equity is 32.27%, which is 90% above median its 10-year median of 17.01 and 318.3% above the Consumer Packaged Goods industry median of 7.72. First Resources' overall GF Score™ is 95/100 with 3 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 First Resources (FTROF), the current Return-on-Tangible-Equity is 32.27% as of Dec. 2025. 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 First Resources (FTROF) Overvalued in 2026?
Based on GuruFocus' analysis, First Resources stock appears to be overvalued.
The current stock price of $2.26 is trading 33.7% above its estimated GF Value™ of $1.69.
Key valuation signals for FTROF:
Return-on-Tangible-Equity: 32.27% (90% above median its 10-year median of 17.01)
GF Value™: $1.69 vs. price of $2.26 (33.7% above fair value)
Industry Position: 318.3% above the Consumer Packaged Goods median (#263 of 1874)
No single metric tells the full story. See the FTROF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
First Resources Ltd manages hectares of oil palm plantations located in Indonesia and mills fresh fruit bunches into crude palm oil and palm kernel. In addition, the group also processes crude palm oil and palm kernel into higher-value palm-based products such as refined, bleached, and deodorized olein and biodiesel. The operating segment of the company is Plantations, Palm Oil Mills & Refinery and Processing. The plantations and palm oil mills segment is principally involved in the cultivation and maintenance of oil palm plantations and the operation of palm oil mills. Refinery and processing segment markets and sells processed palm-based products produced from the refinery, fractionation and biodiesel plants, and other downstream processing facilities.
95GF Score
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