Thai Union Feedmill PCL (BKK:TFM) ROA %: 15.40% (As of Mar. 2026) — Near Median


BKK:TFM Thai Union Feedmill PCL BKK:TFM
80 GF Score
Price ฿6.55
GF Value ฿609.00
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Thai Union Feedmill PCL ROA %?

Thai Union Feedmill PCL BKK:TFM +1.55% 80 ROA % is 15.40% as of Mar. 2026, which is 3% above its 10-year median of 14.92. GuruFocus rates BKK:TFM with a GF Score™ of 80/100 and a GF Value™ of ฿609.00 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,986 Consumer Packaged Goods companies, Thai Union Feedmill PCL ranks better than 96.22% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Thai Union Feedmill PCL's annualized Net Income for the quarter that ended in Mar. 2026 was ฿590 Mil. Thai Union Feedmill PCL's average Total Assets over the quarter that ended in Mar. 2026 was ฿3,833 Mil. Therefore, Thai Union Feedmill PCL's annualized ROA % for the quarter that ended in Mar. 2026 was 15.40%.

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

BKK:TFM' s ROA % Range Over the Past 10 Years
Min: 2.68   Med: 14.92   Max: 37.41
Current: 19.81

During the past 9 years, Thai Union Feedmill PCL's highest ROA % was 37.41%. The lowest was 2.68%. And the median was 14.92%.

BKK:TFM's ROA % is ranked better than
96.22% of 1986 companies
in the Consumer Packaged Goods industry
Industry Median: 3.24 vs BKK:TFM: 19.81

Thai Union Feedmill PCL  (BKK:TFM) 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
=590.196/3832.7625
=(Net Income / Revenue)*(Revenue / Total Assets)
=(590.196 / 5299.944)*(5299.944 / 3832.7625)
=Net Margin %*Asset Turnover
=11.14 %*1.3828
=15.40 %

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.


Thai Union Feedmill PCL ROA % Related Terms


Thai Union Feedmill PCL ROA % Historical Data

* Premium members only.

The historical data trend for Thai Union Feedmill 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.

Thai Union Feedmill PCL ROA % Chart

Thai Union Feedmill PCL Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial Premium Member Only 7.24 3.35 2.68 14.92 19.08

Thai Union Feedmill 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 13.84 20.55 23.91 19.60 15.40

BKK:TFM vs ADM, BG, TSN: ROA % Comparison

For the Farm Products subindustry, Thai Union Feedmill 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.


Thai Union Feedmill PCL ROA % vs Consumer Packaged Goods Industry

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

* The bar in red indicates where Thai Union Feedmill PCL's ROA % falls into.


BKK:TFM
80GF Score
Thai Union Feedmill PCL BKK:TFM
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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Thai Union Feedmill PCL ROA % Calculation

Thai Union Feedmill 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 )
=733.192/( (3855.705+3829.602)/ 2 )
=733.192/3842.6535
=19.08 %

Thai Union Feedmill 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 )
=590.196/( (3829.602+3835.923)/ 2 )
=590.196/3832.7625
=15.40 %

* 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 15.40% mean?
Thai Union Feedmill PCL (BKK:TFM) has a ROA % of 15.40% 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 Thai Union Feedmill PCL and its competitors. This is near median its historical median of 14.92. Over the past decade, Thai Union Feedmill PCL's ROA % has ranged from 2.68 to 37.41. According to the industry distribution chart, Thai Union Feedmill PCL ranks #75 out of 1986 companies in the Consumer Packaged Goods industry, placing it in the top 3.8%.
Is Thai Union Feedmill PCL's ROA % too high?
Thai Union Feedmill PCL's current ROA % of 15.40% is near median its 10-year median of 14.92. Over the past 10 years, this metric has ranged from a low of 2.68 to a high of 37.41. The Consumer Packaged Goods industry median ROA % is 3.24. Thai Union Feedmill PCL's value of 15.40% is 375.3% above this industry median. Based on the distribution chart, Thai Union Feedmill PCL ranks #75 out of 1986 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Thai Union Feedmill PCL has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thai Union Feedmill PCL's ROA % compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Thai Union Feedmill PCL ranks #75 out of 1986 companies for ROA %. This places Thai Union Feedmill PCL in the top 4% of its industry — outperforming the majority of peers. The industry median ROA % is 3.24. Thai Union Feedmill PCL's value of 15.40% is 375.3% above this benchmark. Historically, Thai Union Feedmill PCL's own ROA % has ranged from 2.68 to 37.41 over the past decade. While the company's 10-year median is 14.92 vs. the industry median of 3.24, Thai Union Feedmill 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 3.24, based on 1,986 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. Thai Union Feedmill PCL's current ROA % of 15.40% is 375.3% 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 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 Thai Union Feedmill PCL and its competitors. For the Consumer Packaged Goods industry, the median ROA % is 3.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Union Feedmill PCL's current ROA % is 15.40%, which is near median its own 10-year median of 14.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Union Feedmill PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Union Feedmill PCL (BKK:TFM) is currently considered Significantly Undervalued. The stock's GF Value™ is ฿609.00, compared to a current price of ฿6.55 — trading 98.9% below its estimated fair value. The current ROA % is 15.40%, which is near median its 10-year median of 14.92 and 375.3% above the Consumer Packaged Goods industry median of 3.24. Thai Union Feedmill PCL's overall GF Score™ is 80/100 with 5 warning signs 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 Thai Union Feedmill PCL (BKK:TFM), the current ROA % is 15.40% 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 Thai Union Feedmill PCL (BKK:TFM) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Union Feedmill PCL stock appears to be undervalued. The current stock price of ฿6.55 is trading 98.9% below its estimated GF Value™ of ฿609.00. GuruFocus considers Thai Union Feedmill PCL to be Significantly Undervalued.

Key valuation signals for BKK:TFM:

  • ROA %: 15.40% (near median its 10-year median of 14.92)
  • GF Value™: ฿609.00 vs. price of ฿6.55 (98.9% below fair value)
  • GF Score™: 80/100 with 5 warning signs
  • Industry Position: 375.3% above the Consumer Packaged Goods median (#75 of 1986)

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


Thai Union Feedmill PCL Business Description

Address 89/1 Moo 2, Rama 2 Road, Kalong Subdistrict, Mueang District, Samut Sakhon Province, Samut Sakhon, THA, 74000
Thai Union Feedmill PCL is a manufacturer and distributor of aquatic feed in Thailand. Business is organised into four reportable segments; Shrimp feed products; Fish feed products; Livestock feed products and Others. The firm generates the majority of its revenue from Shrimp feed products. Geographically the company generates revenue from Thailand, Sri Lanka, Pakistan, Indonesia, and others, with the majority of revenue generated from Thailand.
80GF Score

Get the complete analysis for BKK:TFM

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

฿6.55
Price
฿609.00
GF Value