BRC Asia (SGX:BEC) Enterprise Value: S$1,135 Mil (As of Jul. 21, 2026) ***

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SGX:BEC BRC Asia Ltd SGX:BEC
100 GF Score
Price S$4.20
GF Value S$2.86
Valuation Significantly Overvalued
! 1 Warning Sign
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What is BRC Asia Enterprise Value?

BRC Asia SGX:BEC +0.24% 100 Enterprise Value is S$1,135 Mil as of Jul. 21, 2026. GuruFocus rates SGX:BEC with a GF Score™ of 100/100 and a GF Value™ of S$2.86 (Significantly Overvalued). The stock has 1 warning sign investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, BRC Asia's Enterprise Value is S$1,135 Mil. BRC Asia's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was S$132 Mil. Therefore, BRC Asia's EV-to-EBIT ratio for today is 8.57.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, BRC Asia's Enterprise Value is S$1,135 Mil. BRC Asia's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was S$142 Mil. Therefore, BRC Asia's EV-to-EBITDA ratio for today is 7.97.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, BRC Asia's Enterprise Value is S$1,135 Mil. BRC Asia's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was S$1,768 Mil. Therefore, BRC Asia's EV-to-Revenue ratio for today is 0.64.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, BRC Asia's Enterprise Value is S$1,135 Mil. BRC Asia's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was S$235 Mil. Therefore, BRC Asia's EV-to-OCF ratio for today is 4.84.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, BRC Asia's Enterprise Value is S$1,135 Mil. BRC Asia's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was S$222 Mil. Therefore, BRC Asia's EV-to-FCF ratio for today is 5.11.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


BRC Asia  (SGX:BEC) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

BRC Asia's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1135.106/132.399
=8.57

BRC Asia's current Enterprise Value is S$1,135 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. BRC Asia's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was S$132 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

BRC Asia's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=1135.106/142.435
=7.97

BRC Asia's current Enterprise Value is S$1,135 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. BRC Asia's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was S$142 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

BRC Asia's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=1135.106/1768.475
=0.64

BRC Asia's current Enterprise Value is S$1,135 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. BRC Asia's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was S$1,768 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

BRC Asia's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=1135.106/234.577
=4.84

BRC Asia's current Enterprise Value is S$1,135 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. BRC Asia's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was S$235 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

BRC Asia's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=1135.106/222.182
=5.11

BRC Asia's current Enterprise Value is S$1,135 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. BRC Asia's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was S$222 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.


BRC Asia Enterprise Value Related Terms


BRC Asia Enterprise Value Historical Data

* Premium members only.

The historical data trend for BRC Asia's Enterprise Value 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.

BRC Asia Enterprise Value Chart

BRC Asia Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 715.37 745.11 656.96 701.82 1,198.40

BRC Asia Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Enterprise Value 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 656.70 701.82 966.62 1,198.40 1,264.05

SGX:BEC vs NUE, STLD, RS: Enterprise Value Comparison

For the Steel subindustry, BRC Asia's Enterprise Value, along with its competitors' market caps and Enterprise Value 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.


BRC Asia Enterprise Value vs Steel Industry

For the Steel industry and Basic Materials sector, BRC Asia's Enterprise Value distribution charts can be found below:

* The bar in red indicates where BRC Asia's Enterprise Value falls into.


SGX:BEC
100GF Score
BRC Asia Ltd SGX:BEC
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BRC Asia Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

BRC Asia's Enterprise Value for the fiscal year that ended in Sep. 2025 is calculated as

BRC Asia's Enterprise Value for the quarter that ended in Mar. 2026 is calculated as

* 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 Enterprise Value →
What does a Enterprise Value of S$1,135 Mil mean?
BRC Asia (SGX:BEC) has a Enterprise Value of S$1,135 Mil as of Jul. 21, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on BRC Asia and its competitors.
Is BRC Asia's Enterprise Value too high?
BRC Asia's current Enterprise Value is S$1,135 Mil. Overall, BRC Asia has a GF Score™ of 100/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BRC Asia's Enterprise Value compare to NUE and STLD?
BRC Asia's Enterprise Value of S$1,135 Mil can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Steel company?
A good Enterprise Value depends on the Steel industry context. However, Enterprise Value 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 Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on BRC Asia and its competitors. BRC Asia's current Enterprise Value is S$1,135 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BRC Asia stock overvalued right now?
Based on GuruFocus' analysis, BRC Asia (SGX:BEC) is currently considered Significantly Overvalued. The stock's GF Value™ is S$2.86, compared to a current price of S$4.20 — trading 46.9% above its estimated fair value. The current Enterprise Value is S$1,135 Mil. BRC Asia's overall GF Score™ is 100/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For BRC Asia (SGX:BEC), the current Enterprise Value is S$1,135 Mil as of Jul. 21, 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 BRC Asia (SGX:BEC) Overvalued in 2026?

Based on GuruFocus' analysis, BRC Asia stock appears to be overvalued. The current stock price of S$4.20 is trading 46.9% above its estimated GF Value™ of S$2.86. GuruFocus considers BRC Asia to be Significantly Overvalued.

Key valuation signals for SGX:BEC:

  • Enterprise Value: S$1,135 Mil
  • GF Value™: S$2.86 vs. price of S$4.20 (46.9% above fair value)
  • GF Score™: 100/100 with 1 warning sign

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


BRC Asia Business Description

Address 350 Jalan Boon Lay, Jurong Industrial Estate, Singapore, SGP, 619530
BRC Asia Ltd is principally engaged in the prefabrication of steel reinforcement for use in concrete, trading of steel reinforcing bars, and manufacturing and sale of wire mesh fences. The company's reportable segments are: (i) The fabrication and manufacturing segment is involved in the business of processing and prefabrication of steel reinforcement, including sale of standard-length rebar, for use in concrete. (ii) Trading segment is involved in trading of steel and steel related products in both domestic and international market. (iii) Others relates to leasing of properties. The majority of the company's revenue is derived from the Fabrication and manufacturing segment. Geographically, it derives the maximum revenue from Singapore.
100GF Score

Get the complete analysis for SGX:BEC

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

S$4.20
Price
S$2.86
GF Value