Tiong Seng Holdings (SGX:BFI) EBIT: S$-7.8 Mil (TTM As of Jun. 2026)

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What is Tiong Seng Holdings EBIT?

Tiong Seng Holdings SGX:BFI EBIT is S$-7.8 Mil as of Jun. 2026. The stock has 3 warning signs investors should review.

Tiong Seng Holdings's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2026 was S$2.5 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2026 was S$-7.8 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Tiong Seng Holdings's annualized ROC % for the quarter that ended in Jun. 2026 was 4.97%. Tiong Seng Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 8.24%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Tiong Seng Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was -6.47%.


Tiong Seng Holdings  (SGX:BFI) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Tiong Seng Holdings's annualized ROC % for the quarter that ended in Jun. 2026 is calculated as:

ROC % (Q: Jun. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Jun. 2026 ))/ count )
=9.968 * ( 1 - 0% )/( (214.824 + 186.167)/ 2 )
=9.968/200.4955
=4.97 %

where

Note: The Operating Income data used here is two times the semi-annual (Jun. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Tiong Seng Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=4.9/( ( (59.245 + max(-31.431, 0)) + (59.637 + max(-3.264, 0)) )/ 2 )
=4.9/( ( 59.245 + 59.637 )/ 2 )
=4.9/59.441
=8.24 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(54.76 + 98.662 + 31.372) - (164.308 + 0 + 51.917)
=-31.431

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(47.803 + 105.174 + 27.219) - (167.133 + 0 + 16.327)
=-3.264

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Tiong Seng Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2026 )
=-7.848/121.312
=-6.47 %

* 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.


Tiong Seng Holdings EBIT Related Terms


Tiong Seng Holdings EBIT Historical Data

* Premium members only.

The historical data trend for Tiong Seng Holdings's EBIT 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.

Tiong Seng Holdings EBIT Chart

Tiong Seng Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -48.75 -81.46 -6.78 11.34 -29.07

Tiong Seng Holdings Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
EBIT 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 8.74 2.42 -18.94 -10.30 2.45

SGX:BFI vs PWR, FIX, EME: EBIT Comparison

For the Engineering & Construction subindustry, Tiong Seng Holdings's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.


Tiong Seng Holdings EV-to-EBIT vs Construction Industry

For the Construction industry and Industrials sector, Tiong Seng Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Tiong Seng Holdings's EV-to-EBIT falls into.



Tiong Seng Holdings EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was S$-7.8 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of S$-7.8 Mil mean?
Tiong Seng Holdings (SGX:BFI) has a EBIT of S$-7.8 Mil as of Jun. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Tiong Seng Holdings.
Is Tiong Seng Holdings' EBIT too high?
Tiong Seng Holdings' current EBIT is S$-7.8 Mil.
How does Tiong Seng Holdings' EBIT compare to PWR and FIX?
Tiong Seng Holdings' EBIT of S$-7.8 Mil can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Construction company?
A good EBIT depends on the Construction industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Tiong Seng Holdings. Tiong Seng Holdings's current EBIT is S$-7.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tiong Seng Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tiong Seng Holdings (SGX:BFI) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.04, compared to a current price of S$0.07 — trading 82.5% above its estimated fair value. The current EBIT is S$-7.8 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Tiong Seng Holdings (SGX:BFI), the current EBIT is S$-7.8 Mil as of Jun. 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.

Tiong Seng Holdings Business Description

Address 30A Kallang Place, No. 04-01 to 04-11, Singapore, SGP, 339213
Tiong Seng Holdings Ltd operates as a construction and civil engineering contractor in Singapore. It is principally engaged in building construction, civil engineering, engineering solutions and property development in Singapore and PRC. The company has three segments: Construction, which derives the majority of revenue and relates to acting as main contractors in the construction and civil engineering projects and provision of construction; Engineering solutions, which relates to manufacturing and supplying precast and prefabricated components and provision of steel and mass-engineered timber; Property development: relates to the development and sales of properties. Geographically, the company generates the maximum revenue from Singapore.