NSL Foods PCL (BKK:NSL) ROA %: 16.86% (As of Mar. 2026) — 25% Above Median

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BKK:NSL NSL Foods PCL BKK:NSL
88 GF Score
Price ฿22.70
GF Value ฿35.92
Valuation Possible Value Trap
! 1 Warning Sign
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What is NSL Foods PCL ROA %?

NSL Foods PCL BKK:NSL -0.87% 88 ROA % is 16.86% as of Mar. 2026, which is 25% above its 10-year median of 13.53. GuruFocus rates BKK:NSL with a GF Score™ of 88/100 and a GF Value™ of ฿35.92 (Possible Value Trap). The stock has 1 warning sign investors should review. Among 1,993 Consumer Packaged Goods companies, NSL Foods PCL ranks better than 94.03% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. NSL Foods PCL's annualized Net Income for the quarter that ended in Mar. 2026 was ฿653 Mil. NSL Foods PCL's average Total Assets over the quarter that ended in Mar. 2026 was ฿3,874 Mil. Therefore, NSL Foods PCL's annualized ROA % for the quarter that ended in Mar. 2026 was 16.86%.

The historical rank and industry rank for NSL Foods PCL's ROA % or its related term are showing as below:

BKK:NSL' s ROA % Range Over the Past 10 Years
Min: 9.43   Med: 13.53   Max: 19.4
Current: 16.73

During the past 7 years, NSL Foods PCL's highest ROA % was 19.40%. The lowest was 9.43%. And the median was 13.53%.

BKK:NSL's ROA % is ranked better than
94.03% of 1993 companies
in the Consumer Packaged Goods industry
Industry Median: 3.31 vs BKK:NSL: 16.73

NSL Foods PCL  (BKK:NSL) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=653.076/3874.405
=(Net Income / Revenue)*(Revenue / Total Assets)
=(653.076 / 7477.64)*(7477.64 / 3874.405)
=Net Margin %*Asset Turnover
=8.73 %*1.93
=16.86 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.

* 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.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


NSL Foods PCL ROA % Related Terms


NSL Foods PCL ROA % Historical Data

* Premium members only.

The historical data trend for NSL Foods PCL's ROA % 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.

NSL Foods PCL ROA % Chart

NSL Foods PCL Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial 10.37 13.53 13.93 19.40 17.90

NSL Foods PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.32 19.50 15.06 16.25 16.86

BKK:NSL vs KHC, GIS: ROA % Comparison

For the Packaged Foods subindustry, NSL Foods PCL's ROA %, along with its competitors' market caps and ROA % 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.


NSL Foods PCL ROA % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, NSL Foods PCL's ROA % distribution charts can be found below:

* The bar in red indicates where NSL Foods PCL's ROA % falls into.


BKK:NSL
88GF Score
NSL Foods PCL BKK:NSL
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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NSL Foods PCL ROA % Calculation

NSL Foods PCL's annualized ROA % for the fiscal year that ended in Dec. 2025 is calculated as:

ROA %=Net Income (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=604.18/( (3077.266+3673.341)/ 2 )
=604.18/3375.3035
=17.90 %

NSL Foods PCL's annualized ROA % for the quarter that ended in Mar. 2026 is calculated as:

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=653.076/( (3673.341+4075.469)/ 2 )
=653.076/3874.405
=16.86 %

* 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 ROA %, the net income of the last fiscal year and the average total assets 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. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 16.86% mean?
NSL Foods PCL (BKK:NSL) has a ROA % of 16.86% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on NSL Foods PCL and its competitors. This is 25% above median its historical median of 13.53. Over the past decade, NSL Foods PCL's ROA % has ranged from 9.43 to 19.40. According to the industry distribution chart, NSL Foods PCL ranks #119 out of 1993 companies in the Consumer Packaged Goods industry, placing it in the top 6%.
Is NSL Foods PCL's ROA % too high?
NSL Foods PCL's current ROA % of 16.86% is 25% above median its 10-year median of 13.53. Over the past 10 years, this metric has ranged from a low of 9.43 to a high of 19.40. The Consumer Packaged Goods industry median ROA % is 3.31. NSL Foods PCL's value of 16.86% is 409.4% above this industry median. Based on the distribution chart, NSL Foods PCL ranks #119 out of 1993 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, NSL Foods PCL has a GF Score™ of 88/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does NSL Foods PCL's ROA % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, NSL Foods PCL ranks #119 out of 1993 companies for ROA %. This places NSL Foods PCL in the top 6% of its industry — outperforming the majority of peers. The industry median ROA % is 3.31. NSL Foods PCL's value of 16.86% is 409.4% above this benchmark. Historically, NSL Foods PCL's own ROA % has ranged from 9.43 to 19.40 over the past decade. While the company's 10-year median is 13.53 vs. the industry median of 3.31, NSL Foods 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 ROA % for a Consumer Packaged Goods company?
The median ROA % among Consumer Packaged Goods companies is 3.31, based on 1,993 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NSL Foods PCL's current ROA % of 16.86% is 409.4% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on NSL Foods PCL and its competitors. For the Consumer Packaged Goods industry, the median ROA % is 3.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NSL Foods PCL's current ROA % is 16.86%, which is 25% above median its own 10-year median of 13.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NSL Foods PCL stock overvalued right now?
Based on GuruFocus' analysis, NSL Foods PCL (BKK:NSL) is currently considered Possible Value Trap. The stock's GF Value™ is ฿35.92, compared to a current price of ฿22.70 — trading 36.8% below its estimated fair value. The current ROA % is 16.86%, which is 25% above median its 10-year median of 13.53 and 409.4% above the Consumer Packaged Goods industry median of 3.31. NSL Foods PCL's overall GF Score™ is 88/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For NSL Foods PCL (BKK:NSL), the current ROA % is 16.86% 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 NSL Foods PCL (BKK:NSL) Overvalued in 2026?

Based on GuruFocus' analysis, NSL Foods PCL stock appears to be undervalued. The current stock price of ฿22.70 is trading 36.8% below its estimated GF Value™ of ฿35.92. GuruFocus considers NSL Foods PCL to be Possible Value Trap.

Key valuation signals for BKK:NSL:

  • ROA %: 16.86% (25% above median its 10-year median of 13.53)
  • GF Value™: ฿35.92 vs. price of ฿22.70 (36.8% below fair value)
  • GF Score™: 88/100 with 1 warning sign
  • Industry Position: 409.4% above the Consumer Packaged Goods median (#119 of 1993)

No single metric tells the full story. See the BKK:NSL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NSL Foods PCL Business Description

Address Bangbuathong-Nonthaburi bridge (345) Road, 55/22 Moo 3, Tambol Lam Pho, Ampher Bang Bua Thong, Nonthaburi, THA, 11110
NSL Foods PCL is engaged in the production and distribution of a wide range of food products, including bakery items, snacks, ready-to-eat meals, and beverages. The company also imports and distributes frozen seafood, imported beef, and a variety of other food items. Geographically, it operates in Thailand.
88GF Score

Get the complete analysis for BKK:NSL

ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿22.70
Price
฿35.92
GF Value