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. TISCO Financial Group PCL's annualized net income for the quarter that ended in Mar. 2026 was $214.9 Mil. TISCO Financial Group PCL's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $1,384.9 Mil. Therefore, TISCO Financial Group PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 15.52%.
The historical rank and industry rank for TISCO Financial Group PCL's Return-on-Tangible-Equity or its related term are showing as below:
TSCFY'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 15.43 Med: 17.16 Max: 19.68
Current: 15.6
During the past 13 years, TISCO Financial Group PCL's highest Return-on-Tangible-Equity was 19.68%. The lowest was 15.43%. And the median was 17.16%.
TSCFY's Return-on-Tangible-Equity is ranked better than 77.54% of 1523
companies
in the Banks industry
Industry Median: 11.2
vs TSCFY: 15.60
TISCO Financial Group PCL (OTCPK:TSCFY) 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.
TISCO Financial Group PCL Return-on-Tangible-Equity Related Terms
TISCO Financial Group PCL Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for TISCO Financial Group PCL'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.
TISCO Financial Group PCL Return-on-Tangible-Equity Chart
TSCFY vs PNC, USB: Return-on-Tangible-Equity Comparison
For the Banks - Regional subindustry, TISCO Financial Group 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.
TISCO Financial Group PCL Return-on-Tangible-Equity vs Banks Industry
For the Banks industry and Financial Services sector, TISCO Financial Group PCL's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where TISCO Financial Group 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 15.52% mean?
TISCO Financial Group PCL (TSCFY) has a Return-on-Tangible-Equity of 15.52% 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 TISCO Financial Group PCL and its competitors. This is 10% below median its historical median of 17.16. Over the past decade, TISCO Financial Group PCL's Return-on-Tangible-Equity has ranged from 15.43 to 19.68. According to the industry distribution chart, TISCO Financial Group PCL ranks #342 out of 1523 companies in the Banks industry, placing it in the top 22.5%.
Is TISCO Financial Group PCL's Return-on-Tangible-Equity too high?
TISCO Financial Group PCL's current Return-on-Tangible-Equity of 15.52% is 10% below median its 10-year median of 17.16. Over the past 10 years, this metric has ranged from a low of 15.43 to a high of 19.68. The Banks industry median Return-on-Tangible-Equity is 11.20. TISCO Financial Group PCL's value of 15.52% is 38.6% above this industry median. Based on the distribution chart, TISCO Financial Group PCL ranks #342 out of 1523 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, TISCO Financial Group PCL has a GF Score™ of 66/100, reflecting its overall financial health beyond just this single metric.
How does TISCO Financial Group PCL's Return-on-Tangible-Equity compare to PNC and USB?
According to the Banks industry distribution chart, TISCO Financial Group PCL ranks #342 out of 1523 companies for Return-on-Tangible-Equity. This places TISCO Financial Group PCL in the top 23% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 11.20. TISCO Financial Group PCL's value of 15.52% is 38.6% above this benchmark. Historically, TISCO Financial Group PCL's own Return-on-Tangible-Equity has ranged from 15.43 to 19.68 over the past decade. While the company's 10-year median is 17.16 vs. the industry median of 11.20, TISCO Financial Group 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 Banks company?
The median Return-on-Tangible-Equity among Banks companies is 11.20, based on 1,523 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. TISCO Financial Group PCL's current Return-on-Tangible-Equity of 15.52% is 38.6% 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 TISCO Financial Group PCL and its competitors. For the Banks industry, the median Return-on-Tangible-Equity is 11.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TISCO Financial Group PCL's current Return-on-Tangible-Equity is 15.52%, which is 10% below median its own 10-year median of 17.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TISCO Financial Group PCL stock overvalued right now?
TISCO Financial Group PCL (TSCFY) has a current Return-on-Tangible-Equity of 15.52%. The stock's GF Value™ is $27.12, compared to a current price of $30.50 — trading 12.5% above its estimated fair value. The current Return-on-Tangible-Equity is 15.52%, which is 10% below median its 10-year median of 17.16 and 38.6% above the Banks industry median of 11.20. TISCO Financial Group PCL's overall GF Score™ is 66/100 with 7 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 TISCO Financial Group PCL (TSCFY), the current Return-on-Tangible-Equity is 15.52% 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 TISCO Financial Group PCL (TSCFY) Overvalued in 2026?
Based on GuruFocus' analysis, TISCO Financial Group PCL stock appears to be overvalued.
The current stock price of $30.50 is trading 12.5% above its estimated GF Value™ of $27.12.
Key valuation signals for TSCFY:
Return-on-Tangible-Equity: 15.52% (10% below median its 10-year median of 17.16)
GF Value™: $27.12 vs. price of $30.50 (12.5% above fair value)
Industry Position: 38.6% above the Banks median (#342 of 1523)
No single metric tells the full story. See the TSCFY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TISCO Financial Group PCL is a Thailand-based bank that provides commercial banking products and services and generates revenue domestically. The company operates through four segments: Commercial Banking Business, which provides financial services under a commercial banking license through its headquarters and branches; Securities Business, which provides securities services through a subsidiary's headquarters and branches across the country; Asset Management Business, which provides asset management services; and Support Business, which provides governance and support functions of the Group. The company derives the majority of its revenue from commercial banking and lending business.
66GF Score
Get the complete analysis for TSCFY
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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