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NSL Foods PCLBKK:NSL -0.87%88 ROE % is 28.90% as of Mar. 2026, which is 3% below its 10-year median of 29.71. 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 1,923 Consumer Packaged Goods companies, NSL Foods PCL ranks better than 91.73% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity 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 Stockholders Equity over the quarter that ended in Mar. 2026 was ฿2,260 Mil. Therefore, NSL Foods PCL's annualized ROE % for the quarter that ended in Mar. 2026 was 28.90%.
The historical rank and industry rank for NSL Foods PCL's ROE % or its related term are showing as below:
BKK:NSL'
s ROE % Range Over the Past 10 Years
Min: 22.39 Med: 29.71 Max: 33.01
Current: 27.93
During the past 7 years, NSL Foods PCL's highest ROE % was 33.01%. The lowest was 22.39%. And the median was 29.71%.
BKK:NSL's ROE % is ranked better than 91.73% of 1923
companies
in the Consumer Packaged Goods industry
Industry Median: 6.81
vs BKK:NSL: 27.93
NSL Foods PCL (BKK:NSL) 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:
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.
NSL Foods PCL ROE % Related Terms
NSL Foods PCL ROE % Historical Data
* Premium members only.
The historical data trend for NSL Foods 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.
For the Packaged Foods subindustry, NSL Foods 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.
NSL Foods PCL ROE % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, NSL Foods PCL's ROE % distribution charts can be found below:
* The bar in red indicates where NSL Foods PCL's ROE % 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 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.
NSL Foods PCL (BKK:NSL) has a ROE % of 28.90% 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 NSL Foods PCL and its competitors. This is near median its historical median of 29.71. Over the past decade, NSL Foods PCL's ROE % has ranged from 22.39 to 33.01. According to the industry distribution chart, NSL Foods PCL ranks #159 out of 1923 companies in the Consumer Packaged Goods industry, placing it in the top 8.3%.
Is NSL Foods PCL's ROE % too high?
NSL Foods PCL's current ROE % of 28.90% is near median its 10-year median of 29.71. Over the past 10 years, this metric has ranged from a low of 22.39 to a high of 33.01. The Consumer Packaged Goods industry median ROE % is 6.81. NSL Foods PCL's value of 28.90% is 324.4% above this industry median. Based on the distribution chart, NSL Foods PCL ranks #159 out of 1923 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 ROE % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, NSL Foods PCL ranks #159 out of 1923 companies for ROE %. This places NSL Foods PCL in the top 8% of its industry — outperforming the majority of peers. The industry median ROE % is 6.81. NSL Foods PCL's value of 28.90% is 324.4% above this benchmark. Historically, NSL Foods PCL's own ROE % has ranged from 22.39 to 33.01 over the past decade. While the company's 10-year median is 29.71 vs. the industry median of 6.81, 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 ROE % for a Consumer Packaged Goods company?
The median ROE % among Consumer Packaged Goods companies is 6.81, based on 1,923 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. NSL Foods PCL's current ROE % of 28.90% is 324.4% 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 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 NSL Foods PCL and its competitors. For the Consumer Packaged Goods industry, the median ROE % is 6.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NSL Foods PCL's current ROE % is 28.90%, which is near median its own 10-year median of 29.71. 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 ROE % is 28.90%, which is near median its 10-year median of 29.71 and 324.4% above the Consumer Packaged Goods industry median of 6.81. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For NSL Foods PCL (BKK:NSL), the current ROE % is 28.90% 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:
ROE %: 28.90% (near median its 10-year median of 29.71)
GF Value™: ฿35.92 vs. price of ฿22.70 (36.8% below fair value)
Industry Position: 324.4% above the Consumer Packaged Goods median (#159 of 1923)
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 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
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