Tiong Woon Holding (SGX:BQM) Net Margin %: 15.21% (As of Dec. 2025) — 105% Above Median

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SGX:BQM Tiong Woon Corp Holding Ltd SGX:BQM
59 GF Score
Price S$1.02
GF Value S$0.70
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Tiong Woon Holding Net Margin %?

Tiong Woon Holding SGX:BQM -0.97% 59 Net Margin % is 15.21% as of Dec. 2025, which is 105% above its 10-year median of 7.41. GuruFocus rates SGX:BQM with a GF Score™ of 59/100 and a GF Value™ of S$0.70 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,070 Business Services companies, Tiong Woon Holding ranks better than 80.19% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Tiong Woon Holding's Net Income for the six months ended in Dec. 2025 was S$13.6 Mil. Tiong Woon Holding's Revenue for the six months ended in Dec. 2025 was S$89.7 Mil. Therefore, Tiong Woon Holding's net margin for the quarter that ended in Dec. 2025 was 15.21%.

The historical rank and industry rank for Tiong Woon Holding's Net Margin % or its related term are showing as below:

SGX:BQM' s Net Margin % Range Over the Past 10 Years
Min: -8.4   Med: 7.41   Max: 12.72
Current: 11.93


SGX:BQM's Net Margin % is ranked better than
80.19% of 1070 companies
in the Business Services industry
Industry Median: 3.93 vs SGX:BQM: 11.93

Tiong Woon Holding  (SGX:BQM) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Tiong Woon Holding Net Margin % Related Terms


Tiong Woon Holding Net Margin % Historical Data

* Premium members only.

The historical data trend for Tiong Woon Holding's Net Margin % 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 Woon Holding Net Margin % Chart

Tiong Woon Holding Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.74 9.29 11.56 12.72 11.75

Tiong Woon Holding Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Net Margin % 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 14.31 10.96 15.30 8.45 15.21

SGX:BQM vs URI, SUNB, AER: Net Margin % Comparison

For the Rental & Leasing Services subindustry, Tiong Woon Holding's Net Margin %, along with its competitors' market caps and Net Margin % 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 Woon Holding Net Margin % vs Business Services Industry

For the Business Services industry and Industrials sector, Tiong Woon Holding's Net Margin % distribution charts can be found below:

* The bar in red indicates where Tiong Woon Holding's Net Margin % falls into.


SGX:BQM
59GF Score
Tiong Woon Corp Holding Ltd SGX:BQM
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Tiong Woon Holding Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Tiong Woon Holding's Net Margin for the fiscal year that ended in Jun. 2025 is calculated as

Net Margin=Net Income (A: Jun. 2025 )/Revenue (A: Jun. 2025 )
=19.216/163.524
=11.75 %

Tiong Woon Holding's Net Margin for the quarter that ended in Dec. 2025 is calculated as

Net Margin=Net Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=13.647/89.721
=15.21 %

* 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 Net Margin % →
What does a Net Margin % of 15.21% mean?
Tiong Woon Holding (SGX:BQM) has a Net Margin % of 15.21% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Tiong Woon Holding and its competitors. This is 105% above median its historical median of 7.41. According to the industry distribution chart, Tiong Woon Holding ranks #212 out of 1070 companies in the Business Services industry, placing it in the top 19.8%.
Is Tiong Woon Holding's Net Margin % too high?
Tiong Woon Holding's current Net Margin % of 15.21% is 105% above median its 10-year median of 7.41. The Business Services industry median Net Margin % is 3.93. Tiong Woon Holding's value of 15.21% is 287% above this industry median. Based on the distribution chart, Tiong Woon Holding ranks #212 out of 1070 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Tiong Woon Holding has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tiong Woon Holding's Net Margin % compare to URI and SUNB?
According to the Business Services industry distribution chart, Tiong Woon Holding ranks #212 out of 1070 companies for Net Margin %. This places Tiong Woon Holding in the top 20% of its industry — outperforming the majority of peers. The industry median Net Margin % is 3.93. Tiong Woon Holding's value of 15.21% is 287% above this benchmark. While the company's 10-year median is 7.41 vs. the industry median of 3.93, Tiong Woon Holding 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 Net Margin % for a Business Services company?
The median Net Margin % among Business Services companies is 3.93, based on 1,070 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tiong Woon Holding's current Net Margin % of 15.21% is 287% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Tiong Woon Holding and its competitors. For the Business Services industry, the median Net Margin % is 3.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tiong Woon Holding's current Net Margin % is 15.21%, which is 105% above median its own 10-year median of 7.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tiong Woon Holding stock overvalued right now?
Based on GuruFocus' analysis, Tiong Woon Holding (SGX:BQM) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.70, compared to a current price of S$1.02 — trading 45.7% above its estimated fair value. The current Net Margin % is 15.21%, which is 105% above median its 10-year median of 7.41 and 287% above the Business Services industry median of 3.93. Tiong Woon Holding's overall GF Score™ is 59/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Tiong Woon Holding (SGX:BQM), the current Net Margin % is 15.21% as of Dec. 2025. 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 Tiong Woon Holding (SGX:BQM) Overvalued in 2026?

Based on GuruFocus' analysis, Tiong Woon Holding stock appears to be overvalued. The current stock price of S$1.02 is trading 45.7% above its estimated GF Value™ of S$0.70. GuruFocus considers Tiong Woon Holding to be Significantly Overvalued.

Key valuation signals for SGX:BQM:

  • Net Margin %: 15.21% (105% above median its 10-year median of 7.41)
  • GF Value™: S$0.70 vs. price of S$1.02 (45.7% above fair value)
  • GF Score™: 59/100 with 6 warning signs
  • Industry Position: 287% above the Business Services median (#212 of 1070)

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


Tiong Woon Holding Business Description

Address No. 15 Pandan Crescent, Singapore, SGP, 128470
Tiong Woon Corp Holding Ltd is a company engaged in providing integrated specialist services. It also manages turnkey projects from planning to the execution stage. The company operates in three segments. The heavy Lift and Haulage segment, which is the key revenue driver, comprises a wide range of reliable services in Marine Transportation; Marine Transportation comprises the provision of tug and barge services for a wide range of sea transportation projects; The Trading segment comprises trading of new and used equipment. Its revenue comes from the Singapore market, while it has a presence in the Middle East, India, Malaysia, and other countries.
59GF Score

Get the complete analysis for SGX:BQM

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

S$1.02
Price
S$0.70
GF Value