Thai O PP PCL (BKK:TOPP) ROA %: 4.96% (As of Dec. 2025) — 22% Below Median


BKK:TOPP Thai O PP PCL BKK:TOPP
66 GF Score
Price ฿138.50
GF Value ฿162.21
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Thai O PP PCL ROA %?

Thai O PP PCL BKK:TOPP 66 ROA % is 4.96% as of Dec. 2025, which is 22% below its 10-year median of 6.35. GuruFocus rates BKK:TOPP with a GF Score™ of 66/100 and a GF Value™ of ฿162.21 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 401 Packaging & Containers companies, Thai O PP PCL ranks better than 73.07% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Thai O PP PCL's annualized Net Income for the quarter that ended in Dec. 2025 was ฿103 Mil. Thai O PP PCL's average Total Assets over the quarter that ended in Dec. 2025 was ฿2,085 Mil. Therefore, Thai O PP PCL's annualized ROA % for the quarter that ended in Dec. 2025 was 4.96%.

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

BKK:TOPP' s ROA % Range Over the Past 10 Years
Min: 4.8   Med: 6.35   Max: 8.84
Current: 5.46

During the past 13 years, Thai O PP PCL's highest ROA % was 8.84%. The lowest was 4.80%. And the median was 6.35%.

BKK:TOPP's ROA % is ranked better than
73.07% of 401 companies
in the Packaging & Containers industry
Industry Median: 2.67 vs BKK:TOPP: 5.46

Thai O PP PCL  (BKK:TOPP) 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: Dec. 2025 )
=Net Income/Total Assets
=103.324/2084.5185
=(Net Income / Revenue)*(Revenue / Total Assets)
=(103.324 / 1579.056)*(1579.056 / 2084.5185)
=Net Margin %*Asset Turnover
=6.54 %*0.7575
=4.96 %

Note: The Net Income data used here is four times the quarterly (Dec. 2025) net income data. The Revenue data used here is four times the quarterly (Dec. 2025) 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 O PP PCL ROA % Related Terms


Thai O PP PCL ROA % Historical Data

* Premium members only.

The historical data trend for Thai O PP 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 O PP PCL ROA % Chart

Thai O PP PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.08 4.80 6.01 5.59 5.45

Thai O PP PCL Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 5.38 6.59 3.37 6.94 4.96

BKK:TOPP vs SW, PKG, AMCR: ROA % Comparison

For the Packaging & Containers subindustry, Thai O PP 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 O PP PCL ROA % vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Thai O PP PCL's ROA % distribution charts can be found below:

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


BKK:TOPP
66GF Score
Thai O PP PCL BKK:TOPP
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thai O PP PCL ROA % Calculation

Thai O PP 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 )
=112.287/( (2033.665+2087.373)/ 2 )
=112.287/2060.519
=5.45 %

Thai O PP PCL's annualized ROA % for the quarter that ended in Dec. 2025 is calculated as:

ROA %=Net Income (Q: Dec. 2025 )/( (Total Assets (Q: Sep. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=103.324/( (2081.664+2087.373)/ 2 )
=103.324/2084.5185
=4.96 %

* 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 (Dec. 2025) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 4.96% mean?
Thai O PP PCL (BKK:TOPP) has a ROA % of 4.96% as of Dec. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Thai O PP PCL and its competitors. This is 22% below median its historical median of 6.35. Over the past decade, Thai O PP PCL's ROA % has ranged from 4.80 to 8.84. According to the industry distribution chart, Thai O PP PCL ranks #108 out of 401 companies in the Packaging & Containers industry, placing it in the top 26.9%.
Is Thai O PP PCL's ROA % too high?
Thai O PP PCL's current ROA % of 4.96% is 22% below median its 10-year median of 6.35. Over the past 10 years, this metric has ranged from a low of 4.80 to a high of 8.84. The Packaging & Containers industry median ROA % is 2.67. Thai O PP PCL's value of 4.96% is 85.8% above this industry median. Based on the distribution chart, Thai O PP PCL ranks #108 out of 401 companies in the Packaging & Containers industry, which is above the industry midpoint. Overall, Thai O PP PCL has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thai O PP PCL's ROA % compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Thai O PP PCL ranks #108 out of 401 companies for ROA %. This puts Thai O PP PCL in the upper half of its industry. The industry median ROA % is 2.67. Thai O PP PCL's value of 4.96% is 85.8% above this benchmark. Historically, Thai O PP PCL's own ROA % has ranged from 4.80 to 8.84 over the past decade. While the company's 10-year median is 6.35 vs. the industry median of 2.67, Thai O PP 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 Packaging & Containers company?
The median ROA % among Packaging & Containers companies is 2.67, based on 401 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 O PP PCL's current ROA % of 4.96% is 85.8% 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 O PP PCL and its competitors. For the Packaging & Containers industry, the median ROA % is 2.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai O PP PCL's current ROA % is 4.96%, which is 22% below median its own 10-year median of 6.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai O PP PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai O PP PCL (BKK:TOPP) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿162.21, compared to a current price of ฿138.50 — trading 14.6% below its estimated fair value. The current ROA % is 4.96%, which is 22% below median its 10-year median of 6.35 and 85.8% above the Packaging & Containers industry median of 2.67. Thai O PP PCL's overall GF Score™ is 66/100 with 3 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 O PP PCL (BKK:TOPP), the current ROA % is 4.96% 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 Thai O PP PCL (BKK:TOPP) Overvalued in 2026?

Based on GuruFocus' analysis, Thai O PP PCL stock appears to be undervalued. The current stock price of ฿138.50 is trading 14.6% below its estimated GF Value™ of ฿162.21. GuruFocus considers Thai O PP PCL to be Modestly Undervalued.

Key valuation signals for BKK:TOPP:

  • ROA %: 4.96% (22% below median its 10-year median of 6.35)
  • GF Value™: ฿162.21 vs. price of ฿138.50 (14.6% below fair value)
  • GF Score™: 66/100 with 3 warning signs
  • Industry Position: 85.8% above the Packaging & Containers median (#108 of 401)

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


Thai O PP PCL Business Description

Address 1741 Chan Road, Thungmahamek, Sathorn, Bangkok, THA, 10120
Thai O PP PCL is a company engaged in the manufacture and distribution of Plastic films, stickers, Laminate tubes, and packaging. The company offers various types of plastic films, such as shrink films, C.P.P. (cast polypropylene) films, metalized films, stretch films for lamination, heat sealable oriented polypropylene (O.P.P.) films, skin vacuum films, and protection films. The segments of the company include Plastic films, stickers, and Tube. The company generates majority of its revenue from the Plastic Films segment.
66GF Score

Get the complete analysis for BKK:TOPP

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

฿138.50
Price
฿162.21
GF Value