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Tat Seng Packaging GroupSGX:T12 -1.49%49 Return-on-Tangible-Equity is 9.55% as of Dec. 2025, which is 23% below its 10-year median of 12.48. GuruFocus rates SGX:T12 with a GF Score™ of 49/100 and a GF Value™ of S$0.64 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 393 Packaging & Containers companies, Tat Seng Packaging Group ranks better than 58.78% 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. Tat Seng Packaging Group's annualized net income for the quarter that ended in Dec. 2025 was S$19.6 Mil. Tat Seng Packaging Group's average shareholder tangible equity for the quarter that ended in Dec. 2025 was S$205.0 Mil. Therefore, Tat Seng Packaging Group's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 9.55%.
The historical rank and industry rank for Tat Seng Packaging Group's Return-on-Tangible-Equity or its related term are showing as below:
SGX:T12'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 8.2 Med: 12.48 Max: 18.56
Current: 8.29
During the past 13 years, Tat Seng Packaging Group's highest Return-on-Tangible-Equity was 18.56%. The lowest was 8.20%. And the median was 12.48%.
SGX:T12's Return-on-Tangible-Equity is ranked better than 58.78% of 393
companies
in the Packaging & Containers industry
Industry Median: 5.97
vs SGX:T12: 8.29
Tat Seng Packaging Group (SGX:T12) 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.
Tat Seng Packaging Group Return-on-Tangible-Equity Related Terms
Tat Seng Packaging Group Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Tat Seng Packaging Group'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.
Tat Seng Packaging Group Return-on-Tangible-Equity Chart
SGX:T12 vs SW, PKG, IP: Return-on-Tangible-Equity Comparison
For the Packaging & Containers subindustry, Tat Seng Packaging Group'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.
Tat Seng Packaging Group Return-on-Tangible-Equity vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Tat Seng Packaging Group's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Tat Seng Packaging Group'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 9.55% mean?
Tat Seng Packaging Group (SGX:T12) has a Return-on-Tangible-Equity of 9.55% 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 Tat Seng Packaging Group and its competitors. This is 23% below median its historical median of 12.48. Over the past decade, Tat Seng Packaging Group's Return-on-Tangible-Equity has ranged from 8.20 to 18.56. According to the industry distribution chart, Tat Seng Packaging Group ranks #162 out of 393 companies in the Packaging & Containers industry, placing it in the top 41.2%.
Is Tat Seng Packaging Group's Return-on-Tangible-Equity too high?
Tat Seng Packaging Group's current Return-on-Tangible-Equity of 9.55% is 23% below median its 10-year median of 12.48. Over the past 10 years, this metric has ranged from a low of 8.20 to a high of 18.56. The Packaging & Containers industry median Return-on-Tangible-Equity is 5.97. Tat Seng Packaging Group's value of 9.55% is 60% above this industry median. Based on the distribution chart, Tat Seng Packaging Group ranks #162 out of 393 companies in the Packaging & Containers industry, which is above the industry midpoint. Overall, Tat Seng Packaging Group has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tat Seng Packaging Group's Return-on-Tangible-Equity compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Tat Seng Packaging Group ranks #162 out of 393 companies for Return-on-Tangible-Equity. This puts Tat Seng Packaging Group in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.97. Tat Seng Packaging Group's value of 9.55% is 60% above this benchmark. Historically, Tat Seng Packaging Group's own Return-on-Tangible-Equity has ranged from 8.20 to 18.56 over the past decade. While the company's 10-year median is 12.48 vs. the industry median of 5.97, Tat Seng Packaging Group 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 393 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. Tat Seng Packaging Group's current Return-on-Tangible-Equity of 9.55% is 60% 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 Tat Seng Packaging Group 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. Tat Seng Packaging Group's current Return-on-Tangible-Equity is 9.55%, which is 23% below median its own 10-year median of 12.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tat Seng Packaging Group stock overvalued right now?
Based on GuruFocus' analysis, Tat Seng Packaging Group (SGX:T12) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.64, compared to a current price of S$1.00 — trading 55.5% above its estimated fair value. The current Return-on-Tangible-Equity is 9.55%, which is 23% below median its 10-year median of 12.48 and 60% above the Packaging & Containers industry median of 5.97. Tat Seng Packaging Group's overall GF Score™ is 49/100 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 Tat Seng Packaging Group (SGX:T12), the current Return-on-Tangible-Equity is 9.55% 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 Tat Seng Packaging Group (SGX:T12) Overvalued in 2026?
Based on GuruFocus' analysis, Tat Seng Packaging Group stock appears to be overvalued.
The current stock price of S$1.00 is trading 55.5% above its estimated GF Value™ of S$0.64.
GuruFocus considers Tat Seng Packaging Group to be Significantly Overvalued.
Key valuation signals for SGX:T12:
Return-on-Tangible-Equity: 9.55% (23% below median its 10-year median of 12.48)
GF Value™: S$0.64 vs. price of S$1.00 (55.5% above fair value)
Industry Position: 60% above the Packaging & Containers median (#162 of 393)
No single metric tells the full story. See the SGX:T12 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tat Seng Packaging Group Ltd is engaged in manufacturing and sales of corrugated paper products and other packaging products. The company designs, manufactures and sells corrugated paper packaging products for the packing of a diverse variety of items according to customers' specifications. Its key products include corrugated paper boards, corrugated paper cartons, die-cut boxes, assembly cartons and heavy duty corrugated paper products. It also carries and sells a range of other packaging related products. Its segments include Singapore and PRC with majority of the revenue deriving from PRC.
49GF Score
Get the complete analysis for SGX:T12
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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