National Foods FZCOKAR:NATF -1.39%95 Return-on-Tangible-Equity is 34.81% as of Mar. 2026, which is 1% above its 10-year median of 34.36. GuruFocus rates KAR:NATF with a GF Score™ of 95/100 and a GF Value™ of ₨261.59 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,871 Consumer Packaged Goods companies, National Foods FZCO ranks better than 95.67% 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. National Foods FZCO's annualized net income for the quarter that ended in Mar. 2026 was ₨10,619 Mil. National Foods FZCO's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₨30,507 Mil. Therefore, National Foods FZCO's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 34.81%.
The historical rank and industry rank for National Foods FZCO's Return-on-Tangible-Equity or its related term are showing as below:
KAR:NATF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 19.15 Med: 34.36 Max: 132.78
Current: 132.78
During the past 13 years, National Foods FZCO's highest Return-on-Tangible-Equity was 132.78%. The lowest was 19.15%. And the median was 34.36%.
KAR:NATF's Return-on-Tangible-Equity is ranked better than 95.67% of 1871
companies
in the Consumer Packaged Goods industry
Industry Median: 7.71
vs KAR:NATF: 132.78
National Foods FZCO (KAR:NATF) 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.
National Foods FZCO Return-on-Tangible-Equity Related Terms
National Foods FZCO Return-on-Tangible-Equity Historical Data
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The historical data trend for National Foods FZCO'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.
National Foods FZCO Return-on-Tangible-Equity Chart
KAR:NATF vs KHC, GIS: Return-on-Tangible-Equity Comparison
For the Packaged Foods subindustry, National Foods FZCO'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.
National Foods FZCO Return-on-Tangible-Equity vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, National Foods FZCO's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where National Foods FZCO'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 34.81% mean?
National Foods FZCO (KAR:NATF) has a Return-on-Tangible-Equity of 34.81% 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 National Foods FZCO and its competitors. This is near median its historical median of 34.36. Over the past decade, National Foods FZCO's Return-on-Tangible-Equity has ranged from 19.15 to 132.78. According to the industry distribution chart, National Foods FZCO ranks #81 out of 1871 companies in the Consumer Packaged Goods industry, placing it in the top 4.3%.
Is National Foods FZCO's Return-on-Tangible-Equity too high?
National Foods FZCO's current Return-on-Tangible-Equity of 34.81% is near median its 10-year median of 34.36. Over the past 10 years, this metric has ranged from a low of 19.15 to a high of 132.78. The Consumer Packaged Goods industry median Return-on-Tangible-Equity is 7.71. National Foods FZCO's value of 34.81% is 351.5% above this industry median. Based on the distribution chart, National Foods FZCO ranks #81 out of 1871 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, National Foods FZCO has a GF Score™ of 95/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does National Foods FZCO's Return-on-Tangible-Equity compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, National Foods FZCO ranks #81 out of 1871 companies for Return-on-Tangible-Equity. This places National Foods FZCO in the top 4% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.71. National Foods FZCO's value of 34.81% is 351.5% above this benchmark. Historically, National Foods FZCO's own Return-on-Tangible-Equity has ranged from 19.15 to 132.78 over the past decade. While the company's 10-year median is 34.36 vs. the industry median of 7.71, National Foods FZCO 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 7.71, based on 1,871 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. National Foods FZCO's current Return-on-Tangible-Equity of 34.81% is 351.5% 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 National Foods FZCO and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Equity is 7.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Foods FZCO's current Return-on-Tangible-Equity is 34.81%, which is near median its own 10-year median of 34.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Foods FZCO stock overvalued right now?
Based on GuruFocus' analysis, National Foods FZCO (KAR:NATF) is currently considered Significantly Overvalued. The stock's GF Value™ is ₨261.59, compared to a current price of ₨396.71 — trading 51.7% above its estimated fair value. The current Return-on-Tangible-Equity is 34.81%, which is near median its 10-year median of 34.36 and 351.5% above the Consumer Packaged Goods industry median of 7.71. National Foods FZCO's overall GF Score™ is 95/100 with 6 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 National Foods FZCO (KAR:NATF), the current Return-on-Tangible-Equity is 34.81% 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 National Foods FZCO (KAR:NATF) Overvalued in 2026?
Based on GuruFocus' analysis, National Foods FZCO stock appears to be overvalued.
The current stock price of ₨396.71 is trading 51.7% above its estimated GF Value™ of ₨261.59.
GuruFocus considers National Foods FZCO to be Significantly Overvalued.
Key valuation signals for KAR:NATF:
Return-on-Tangible-Equity: 34.81% (near median its 10-year median of 34.36)
GF Value™: ₨261.59 vs. price of ₨396.71 (51.7% above fair value)
Industry Position: 351.5% above the Consumer Packaged Goods median (#81 of 1871)
No single metric tells the full story. See the KAR:NATF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
National Foods FZCO, formerly known as National Foods Ltd, is a Pakistan-based multi-category food company. It is principally engaged in the manufacturing and sale of convenience food products. The company's operating segment includes Food and food-related products and Retail. It generates maximum revenue from the Food and food-related products segment. Geographically, it derives the majority of revenue from Pakistan and also has a presence in KSA/Canada, the Middle East. The products of the company include desserts, jams, pickles, frozen meals, ketchup, recipe masala, rice, basic spices, and snacks.
95GF Score
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Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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