Thai Coconut PCL (BKK:COCOCO) ROE %: 9.38% (As of Mar. 2026) — 54% Below Median


BKK:COCOCO Thai Coconut PCL BKK:COCOCO
59 GF Score
Price ฿5.75
GF Value ฿11.46
Valuation Significantly Undervalued
! 7 Warning Signs
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What is Thai Coconut PCL ROE %?

Thai Coconut PCL BKK:COCOCO +0.88% 59 ROE % is 9.38% as of Mar. 2026, which is 54% below its 10-year median of 20.51. GuruFocus rates BKK:COCOCO with a GF Score™ of 59/100 and a GF Value™ of ฿11.46 (Significantly Undervalued). The stock has 7 warning signs investors should review. Among 1,913 Consumer Packaged Goods companies, Thai Coconut PCL ranks better than 52.69% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Thai Coconut PCL's annualized net income for the quarter that ended in Mar. 2026 was ฿329 Mil. Thai Coconut PCL's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ฿3,511 Mil. Therefore, Thai Coconut PCL's annualized ROE % for the quarter that ended in Mar. 2026 was 9.38%.

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

BKK:COCOCO' s ROE % Range Over the Past 10 Years
Min: 6.83   Med: 20.51   Max: 23.83
Current: 7.44

During the past 7 years, Thai Coconut PCL's highest ROE % was 23.83%. The lowest was 6.83%. And the median was 20.51%.

BKK:COCOCO's ROE % is ranked better than
52.69% of 1913 companies
in the Consumer Packaged Goods industry
Industry Median: 6.71 vs BKK:COCOCO: 7.44

Thai Coconut PCL  (BKK:COCOCO) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=329.316/3511.156
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(329.316 / 5949.612)*(5949.612 / 8089.5475)*(8089.5475 / 3511.156)
=Net Margin %*Asset Turnover*Equity Multiplier
=5.54 %*0.7355*2.304
=ROA %*Equity Multiplier
=4.07 %*2.304
=9.38 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=329.316/3511.156
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (329.316 / 353.516) * (353.516 / 468.06) * (468.06 / 5949.612) * (5949.612 / 8089.5475) * (8089.5475 / 3511.156)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9315 * 0.7553 * 7.87 % * 0.7355 * 2.304
=9.38 %

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. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.


Thai Coconut PCL ROE % Related Terms


Thai Coconut PCL ROE % Historical Data

* Premium members only.

The historical data trend for Thai Coconut PCL's ROE % 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 Coconut PCL ROE % Chart

Thai Coconut PCL Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial 21.89 23.83 23.02 19.53 6.83

Thai Coconut PCL Quarterly Data
Dec19 Dec20 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % 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 7.00 8.71 8.15 3.77 9.38

BKK:COCOCO vs KHC, GIS: ROE % Comparison

For the Packaged Foods subindustry, Thai Coconut PCL's ROE %, along with its competitors' market caps and ROE % 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 Coconut PCL ROE % vs Consumer Packaged Goods Industry

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

* The bar in red indicates where Thai Coconut PCL's ROE % falls into.


BKK:COCOCO
59GF Score
Thai Coconut PCL BKK:COCOCO
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Thai Coconut PCL ROE % Calculation

Thai Coconut PCL's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=244.005/( (3670.762+3470.245)/ 2 )
=244.005/3570.5035
=6.83 %

Thai Coconut PCL's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=329.316/( (3470.245+3552.067)/ 2 )
=329.316/3511.156
=9.38 %

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

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 9.38% mean?
Thai Coconut PCL (BKK:COCOCO) has a ROE % of 9.38% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Thai Coconut PCL and its competitors. This is 54% below median its historical median of 20.51. Over the past decade, Thai Coconut PCL's ROE % has ranged from 6.83 to 23.83. According to the industry distribution chart, Thai Coconut PCL ranks #905 out of 1913 companies in the Consumer Packaged Goods industry, placing it in the top 47.3%.
Is Thai Coconut PCL's ROE % too high?
Thai Coconut PCL's current ROE % of 9.38% is 54% below median its 10-year median of 20.51. Over the past 10 years, this metric has ranged from a low of 6.83 to a high of 23.83. The Consumer Packaged Goods industry median ROE % is 6.71. Thai Coconut PCL's value of 9.38% is 39.8% above this industry median. Based on the distribution chart, Thai Coconut PCL ranks #905 out of 1913 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Thai Coconut PCL has a GF Score™ of 59/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thai Coconut PCL's ROE % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Thai Coconut PCL ranks #905 out of 1913 companies for ROE %. This puts Thai Coconut PCL in the upper half of its industry. The industry median ROE % is 6.71. Thai Coconut PCL's value of 9.38% is 39.8% above this benchmark. Historically, Thai Coconut PCL's own ROE % has ranged from 6.83 to 23.83 over the past decade. While the company's 10-year median is 20.51 vs. the industry median of 6.71, Thai Coconut 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 ROE % for a Consumer Packaged Goods company?
The median ROE % among Consumer Packaged Goods companies is 6.71, based on 1,913 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Thai Coconut PCL's current ROE % of 9.38% is 39.8% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Thai Coconut PCL and its competitors. For the Consumer Packaged Goods industry, the median ROE % is 6.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Coconut PCL's current ROE % is 9.38%, which is 54% below median its own 10-year median of 20.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Coconut PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Coconut PCL (BKK:COCOCO) is currently considered Significantly Undervalued. The stock's GF Value™ is ฿11.46, compared to a current price of ฿5.75 — trading 49.8% below its estimated fair value. The current ROE % is 9.38%, which is 54% below median its 10-year median of 20.51 and 39.8% above the Consumer Packaged Goods industry median of 6.71. Thai Coconut PCL's overall GF Score™ is 59/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Thai Coconut PCL (BKK:COCOCO), the current ROE % is 9.38% 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 Coconut PCL (BKK:COCOCO) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Coconut PCL stock appears to be undervalued. The current stock price of ฿5.75 is trading 49.8% below its estimated GF Value™ of ฿11.46. GuruFocus considers Thai Coconut PCL to be Significantly Undervalued.

Key valuation signals for BKK:COCOCO:

  • ROE %: 9.38% (54% below median its 10-year median of 20.51)
  • GF Value™: ฿11.46 vs. price of ฿5.75 (49.8% below fair value)
  • GF Score™: 59/100 with 7 warning signs
  • Industry Position: 39.8% above the Consumer Packaged Goods median (#905 of 1913)

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


Thai Coconut PCL Business Description

Address Changwattana Road, 108/45 Soi Changwattana 20, Pakkred, Nonthaburi, THA, 11120
Thai Coconut PCL is engaged in the production and distribution of coconut products. The company operates as a manufacturer of coconut-based products, including coconut milk, coconut water, ready curry soups, and coconut snacks, produced under the Thaicoco and Cocoburi brands. It also produces industrial coconut-based products. Its reportable segments are: Coconut milk, Coconut water, and Pet food. It generates the majority of revenue from the Coconut water segment. Geographically, it generates the maximum revenue from Asia, followed by America, Europe, the Middle East, Oceania, and Africa.
59GF Score

Get the complete analysis for BKK:COCOCO

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

฿5.75
Price
฿11.46
GF Value