Thantawan Industry PCLBKK:THIP-R 72 ROE % is 3.95% as of Mar. 2026, which is 75% below its 10-year median of 15.67. GuruFocus rates BKK:THIP-R with a GF Score™ of 72/100 and a GF Value™ of ฿36.74. The stock has 6 warning signs investors should review. Among 392 Packaging & Containers companies, Thantawan Industry PCL ranks worse than 51.02% on this metric.
The historical rank and industry rank for Thantawan Industry PCL's ROE % or its related term are showing as below:
BKK:THIP-R'
s ROE % Range Over the Past 10 Years
Min: 5.23 Med: 15.67 Max: 26.41
Current: 5.23
During the past 13 years, Thantawan Industry PCL's highest ROE % was 26.41%. The lowest was 5.23%. And the median was 15.67%.
BKK:THIP-R's ROE % is ranked worse than 51.02% of 392
companies
in the Packaging & Containers industry
Industry Median: 5.375
vs BKK:THIP-R: 5.23
Thantawan Industry PCL (BKK:THIP-R) 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.
* 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 Packaging & Containers subindustry, Thantawan Industry 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.
Thantawan Industry PCL ROE % vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Thantawan Industry PCL's ROE % distribution charts can be found below:
* The bar in red indicates where Thantawan Industry 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.
Thantawan Industry PCL (BKK:THIP-R) has a ROE % of 3.95% 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 Thantawan Industry PCL and its competitors. This is 75% below median its historical median of 15.67. Over the past decade, Thantawan Industry PCL's ROE % has ranged from 5.23 to 26.41. According to the industry distribution chart, Thantawan Industry PCL ranks #200 out of 392 companies in the Packaging & Containers industry, placing it in the top 51%.
Is Thantawan Industry PCL's ROE % too high?
Thantawan Industry PCL's current ROE % of 3.95% is 75% below median its 10-year median of 15.67. Over the past 10 years, this metric has ranged from a low of 5.23 to a high of 26.41. The Packaging & Containers industry median ROE % is 5.38. Thantawan Industry PCL's value of 3.95% is 26.5% below this industry median. Based on the distribution chart, Thantawan Industry PCL ranks #200 out of 392 companies in the Packaging & Containers industry, which is below the industry midpoint. Overall, Thantawan Industry PCL has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Thantawan Industry PCL's ROE % compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Thantawan Industry PCL ranks #200 out of 392 companies for ROE %. This places Thantawan Industry PCL in the lower half of its industry. The industry median ROE % is 5.38. Thantawan Industry PCL's value of 3.95% is 26.5% below this benchmark. Historically, Thantawan Industry PCL's own ROE % has ranged from 5.23 to 26.41 over the past decade. While the company's 10-year median is 15.67 vs. the industry median of 5.38, Thantawan Industry PCL has consistently been below 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 Packaging & Containers company?
The median ROE % among Packaging & Containers companies is 5.38, based on 392 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. Thantawan Industry PCL's current ROE % of 3.95% is 26.5% below 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 Thantawan Industry PCL and its competitors. For the Packaging & Containers industry, the median ROE % is 5.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thantawan Industry PCL's current ROE % is 3.95%, which is 75% below median its own 10-year median of 15.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thantawan Industry PCL stock overvalued right now?
Thantawan Industry PCL (BKK:THIP-R) has a current ROE % of 3.95%. The stock's GF Value™ is ฿36.74, compared to a current price of ฿23.00 — trading 37.4% below its estimated fair value. The current ROE % is 3.95%, which is 75% below median its 10-year median of 15.67 and 26.5% below the Packaging & Containers industry median of 5.38. Thantawan Industry PCL's overall GF Score™ is 72/100 with 6 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 Thantawan Industry PCL (BKK:THIP-R), the current ROE % is 3.95% 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 Thantawan Industry PCL (BKK:THIP-R) Overvalued in 2026?
Based on GuruFocus' analysis, Thantawan Industry PCL stock appears to be undervalued.
The current stock price of ฿23.00 is trading 37.4% below its estimated GF Value™ of ฿36.74.
Key valuation signals for BKK:THIP-R:
ROE %: 3.95% (75% below median its 10-year median of 15.67)
GF Value™: ฿36.74 vs. price of ฿23.00 (37.4% below fair value)
Industry Position: 26.5% below the Packaging & Containers median (#200 of 392)
No single metric tells the full story. See the BKK:THIP-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thantawan Industry PCL is a Thailand-based company that engages in the manufacturing and selling of plastic products, such as general plastic bags, thin bags, and drinking straws. The Group manufactures and sells plastic products, which are divided into two main products: plastic bags and straw products. Other products are Zipper tape and resin scrap, etc. Key revenue is generated from Plastic bag. The geographical area of its operation is Thailand and Vietnam.
72GF Score
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