Steamships Trading Co (ASX:SST) Return-on-Tangible-Asset: 4.63% (As of Dec. 2025) — 34% Above Median


ASX:SST Steamships Trading Co Ltd ASX:SST
55 GF Score
Price A$10.04
GF Value A$102.90
Valuation Possible Value Trap
! 6 Warning Signs
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What is Steamships Trading Co Return-on-Tangible-Asset?

Steamships Trading Co ASX:SST -0.10% 55 Return-on-Tangible-Asset is 4.63% as of Dec. 2025, which is 34% above its 10-year median of 3.46. GuruFocus rates ASX:SST with a GF Score™ of 55/100 and a GF Value™ of A$102.90 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,008 Transportation companies, Steamships Trading Co ranks worse than 50.2% on this metric.

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Steamships Trading Co's annualized Net Income for the quarter that ended in Dec. 2025 was A$27.3 Mil. Steamships Trading Co's average total tangible assets for the quarter that ended in Dec. 2025 was A$589.9 Mil. Therefore, Steamships Trading Co's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 4.63%.

The historical rank and industry rank for Steamships Trading Co's Return-on-Tangible-Asset or its related term are showing as below:

ASX:SST' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.28   Med: 3.46   Max: 4.99
Current: 3.76

During the past 13 years, Steamships Trading Co's highest Return-on-Tangible-Asset was 4.99%. The lowest was 2.28%. And the median was 3.46%.

ASX:SST's Return-on-Tangible-Asset is ranked worse than
50.2% of 1008 companies
in the Transportation industry
Industry Median: 3.775 vs ASX:SST: 3.76

Steamships Trading Co  (ASX:SST) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the company’s earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


Steamships Trading Co Return-on-Tangible-Asset Related Terms


Steamships Trading Co Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Steamships Trading Co's Return-on-Tangible-Asset 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.

Steamships Trading Co Return-on-Tangible-Asset Chart

Steamships Trading Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.99 3.26 3.30 2.57 3.78

Steamships Trading Co Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Return-on-Tangible-Asset 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 3.98 2.92 2.49 2.83 4.63

ASX:SST vs UPS, FDX, JBHT: Return-on-Tangible-Asset Comparison

For the Integrated Freight & Logistics subindustry, Steamships Trading Co's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.


Steamships Trading Co Return-on-Tangible-Asset vs Transportation Industry

For the Transportation industry and Industrials sector, Steamships Trading Co's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Steamships Trading Co's Return-on-Tangible-Asset falls into.


ASX:SST
55GF Score
Steamships Trading Co Ltd ASX:SST
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Steamships Trading Co Return-on-Tangible-Asset Calculation

Steamships Trading Co's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=21.701/( (551.479+595.946)/ 2 )
=21.701/573.7125
=3.78 %

Steamships Trading Co's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=27.326/( (583.938+595.946)/ 2 )
=27.326/589.942
=4.63 %

* 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 Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is two times the semi-annual (Dec. 2025) net income data.

What does a Return-on-Tangible-Asset of 4.63% mean?
Steamships Trading Co (ASX:SST) has a Return-on-Tangible-Asset of 4.63% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Steamships Trading Co and its competitors. This is 34% above median its historical median of 3.46. Over the past decade, Steamships Trading Co's Return-on-Tangible-Asset has ranged from 2.28 to 4.99. According to the industry distribution chart, Steamships Trading Co ranks #506 out of 1008 companies in the Transportation industry, placing it in the top 50.2%.
Is Steamships Trading Co's Return-on-Tangible-Asset too high?
Steamships Trading Co's current Return-on-Tangible-Asset of 4.63% is 34% above median its 10-year median of 3.46. Over the past 10 years, this metric has ranged from a low of 2.28 to a high of 4.99. The Transportation industry median Return-on-Tangible-Asset is 3.78. Steamships Trading Co's value of 4.63% is 22.6% above this industry median. Based on the distribution chart, Steamships Trading Co ranks #506 out of 1008 companies in the Transportation industry, which is below the industry midpoint. Overall, Steamships Trading Co has a GF Score™ of 55/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Steamships Trading Co's Return-on-Tangible-Asset compare to UPS and FDX?
According to the Transportation industry distribution chart, Steamships Trading Co ranks #506 out of 1008 companies for Return-on-Tangible-Asset. This places Steamships Trading Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.78. Steamships Trading Co's value of 4.63% is 22.6% above this benchmark. Historically, Steamships Trading Co's own Return-on-Tangible-Asset has ranged from 2.28 to 4.99 over the past decade. While the company's 10-year median is 3.46 vs. the industry median of 3.78, Steamships Trading Co 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 Return-on-Tangible-Asset for a Transportation company?
The median Return-on-Tangible-Asset among Transportation companies is 3.78, based on 1,008 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Steamships Trading Co's current Return-on-Tangible-Asset of 4.63% is 22.6% 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Steamships Trading Co and its competitors. For the Transportation industry, the median Return-on-Tangible-Asset is 3.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Steamships Trading Co's current Return-on-Tangible-Asset is 4.63%, which is 34% above median its own 10-year median of 3.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Steamships Trading Co stock overvalued right now?
Based on GuruFocus' analysis, Steamships Trading Co (ASX:SST) is currently considered Possible Value Trap. The stock's GF Value™ is A$102.90, compared to a current price of A$10.04 — trading 90.2% below its estimated fair value. The current Return-on-Tangible-Asset is 4.63%, which is 34% above median its 10-year median of 3.46 and 22.6% above the Transportation industry median of 3.78. Steamships Trading Co's overall GF Score™ is 55/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Steamships Trading Co (ASX:SST), the current Return-on-Tangible-Asset is 4.63% 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 Steamships Trading Co (ASX:SST) Overvalued in 2026?

Based on GuruFocus' analysis, Steamships Trading Co stock appears to be undervalued. The current stock price of A$10.04 is trading 90.2% below its estimated GF Value™ of A$102.90. GuruFocus considers Steamships Trading Co to be Possible Value Trap.

Key valuation signals for ASX:SST:

  • Return-on-Tangible-Asset: 4.63% (34% above median its 10-year median of 3.46)
  • GF Value™: A$102.90 vs. price of A$10.04 (90.2% below fair value)
  • GF Score™: 55/100 with 6 warning signs
  • Industry Position: 22.6% above the Transportation median (#506 of 1008)

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


Steamships Trading Co Business Description

Address 345, Stanley Esplanade, Section 20, Allotments 3, 4 and 5, Level 2 Granville, PO Box 1, National Capital District, Port Moresby, PNG, NCD 121
Steamships Trading Co Ltd is a diversified holding company. The company's operating segment includes i) Property and hospitality: It consists of shipping and land-based freight transport and related services divisions. ii) Logistics: It consists of shipping and land-based freight transport and related services divisions. iii) Commercial & investment: It consists of commercial, head office administration function and insurance activities. The majority of the company's revenue is derived from the Property and hospitality segment. Geographically, the company operates almost wholly in Papua New Guinea.
55GF Score

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

A$10.04
Price
A$102.90
GF Value