Thai President Foods PCL (BKK:TFMAMA) ROE %: 9.66% (As of Mar. 2026) — 32% Below Median


BKK:TFMAMA Thai President Foods PCL BKK:TFMAMA
71 GF Score
Price ฿186.00
GF Value ฿186.65
Valuation Fairly Valued
! 3 Warning Signs
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What is Thai President Foods PCL ROE %?

Thai President Foods PCL BKK:TFMAMA -0.27% 71 ROE % is 9.66% as of Mar. 2026, which is 32% below its 10-year median of 14.30. GuruFocus rates BKK:TFMAMA with a GF Score™ of 71/100 and a GF Value™ of ฿186.65 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,914 Consumer Packaged Goods companies, Thai President Foods PCL ranks better than 62.85% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Thai President Foods PCL's annualized net income for the quarter that ended in Mar. 2026 was ฿3,545 Mil. Thai President Foods PCL's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ฿36,712 Mil. Therefore, Thai President Foods PCL's annualized ROE % for the quarter that ended in Mar. 2026 was 9.66%.

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

BKK:TFMAMA' s ROE % Range Over the Past 10 Years
Min: 9.62   Med: 14.3   Max: 17.83
Current: 10.06

During the past 13 years, Thai President Foods PCL's highest ROE % was 17.83%. The lowest was 9.62%. And the median was 14.30%.

BKK:TFMAMA's ROE % is ranked better than
62.85% of 1914 companies
in the Consumer Packaged Goods industry
Industry Median: 6.72 vs BKK:TFMAMA: 10.06

Thai President Foods PCL  (BKK:TFMAMA) 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
=3544.652/36712.2015
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(3544.652 / 25518.756)*(25518.756 / 52167.7125)*(52167.7125 / 36712.2015)
=Net Margin %*Asset Turnover*Equity Multiplier
=13.89 %*0.4892*1.421
=ROA %*Equity Multiplier
=6.79 %*1.421
=9.66 %

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
=3544.652/36712.2015
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (3544.652 / 5208.132) * (5208.132 / 3608.46) * (3608.46 / 25518.756) * (25518.756 / 52167.7125) * (52167.7125 / 36712.2015)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6806 * 1.4433 * 14.14 % * 0.4892 * 1.421
=9.66 %

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 President Foods PCL ROE % Related Terms


Thai President Foods PCL ROE % Historical Data

* Premium members only.

The historical data trend for Thai President 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.

Thai President Foods PCL ROE % Chart

Thai President Foods PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.20 9.62 12.28 13.52 10.48

Thai President Foods PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 Premium Member Only Premium Member Only 11.24 10.62 9.64 10.42 9.66

BKK:TFMAMA vs KHC, GIS: ROE % Comparison

For the Packaged Foods subindustry, Thai President 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.


Thai President Foods PCL ROE % vs Consumer Packaged Goods Industry

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

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


BKK:TFMAMA
71GF Score
Thai President Foods PCL BKK:TFMAMA
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Thai President Foods PCL ROE % Calculation

Thai President Foods 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 )
=3707.522/( (34539.117+36224.033)/ 2 )
=3707.522/35381.575
=10.48 %

Thai President Foods 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 )
=3544.652/( (36224.033+37200.37)/ 2 )
=3544.652/36712.2015
=9.66 %

* 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 9.66% mean?
Thai President Foods PCL (BKK:TFMAMA) has a ROE % of 9.66% 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 President Foods PCL and its competitors. This is 32% below median its historical median of 14.30. Over the past decade, Thai President Foods PCL's ROE % has ranged from 9.62 to 17.83. According to the industry distribution chart, Thai President Foods PCL ranks #711 out of 1914 companies in the Consumer Packaged Goods industry, placing it in the top 37.1%.
Is Thai President Foods PCL's ROE % too high?
Thai President Foods PCL's current ROE % of 9.66% is 32% below median its 10-year median of 14.30. Over the past 10 years, this metric has ranged from a low of 9.62 to a high of 17.83. The Consumer Packaged Goods industry median ROE % is 6.72. Thai President Foods PCL's value of 9.66% is 43.8% above this industry median. Based on the distribution chart, Thai President Foods PCL ranks #711 out of 1914 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Thai President Foods PCL has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Thai President Foods PCL's ROE % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Thai President Foods PCL ranks #711 out of 1914 companies for ROE %. This puts Thai President Foods PCL in the upper half of its industry. The industry median ROE % is 6.72. Thai President Foods PCL's value of 9.66% is 43.8% above this benchmark. Historically, Thai President Foods PCL's own ROE % has ranged from 9.62 to 17.83 over the past decade. While the company's 10-year median is 14.30 vs. the industry median of 6.72, Thai President 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 6.72, based on 1,914 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 President Foods PCL's current ROE % of 9.66% is 43.8% 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 President Foods PCL and its competitors. For the Consumer Packaged Goods industry, the median ROE % is 6.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai President Foods PCL's current ROE % is 9.66%, which is 32% below median its own 10-year median of 14.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai President Foods PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai President Foods PCL (BKK:TFMAMA) is currently considered Fairly Valued. The stock's GF Value™ is ฿186.65, compared to a current price of ฿186.00 — trading 0.3% below its estimated fair value. The current ROE % is 9.66%, which is 32% below median its 10-year median of 14.30 and 43.8% above the Consumer Packaged Goods industry median of 6.72. Thai President Foods PCL's overall GF Score™ is 71/100 with 3 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 President Foods PCL (BKK:TFMAMA), the current ROE % is 9.66% 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 President Foods PCL (BKK:TFMAMA) Overvalued in 2026?

Based on GuruFocus' analysis, Thai President Foods PCL stock appears to be undervalued. The current stock price of ฿186.00 is trading 0.3% below its estimated GF Value™ of ฿186.65. GuruFocus considers Thai President Foods PCL to be Fairly Valued.

Key valuation signals for BKK:TFMAMA:

  • ROE %: 9.66% (32% below median its 10-year median of 14.30)
  • GF Value™: ฿186.65 vs. price of ฿186.00 (0.3% below fair value)
  • GF Score™: 71/100 with 3 warning signs
  • Industry Position: 43.8% above the Consumer Packaged Goods median (#711 of 1914)

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


Thai President Foods PCL Business Description

Address No. 304, Srinakarin Road, TF Group Building, Huamark Sub-district, Bangkapi District, Bangkok, THA, 10240
Thai President Foods PCL is a Thailand-based manufacturer and distributor of instant noodles, semi-instant foods, and biscuit products. Some of its brands include Mama, Ruski, Bissin, Thai Chef, and Bamee. It operates in six segments: Instant noodles and semi-instant foods, Biscuits, Bakery, Packaging, Fruit Juice, and Others, of which a majority of the revenue is derived from the Instant noodles segment. Geographically, the company generates the majority of its revenue from the domestic market.
71GF Score

Get the complete analysis for BKK:TFMAMA

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

฿186.00
Price
฿186.65
GF Value