Alpina Holdings (FRA:B0M) Return-on-Tangible-Asset: 6.27% (As of Jun. 2025) — 42% Below Median

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Director of Data and Quant Analytics at GuruFocus
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FRA:B0M Alpina Holdings Ltd FRA:B0M
40 GF Score
Price €0.23
GF Value €0.21
! 10 Warning Signs
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What is Alpina Holdings Return-on-Tangible-Asset?

Alpina Holdings FRA:B0M 40 Return-on-Tangible-Asset is 6.27% as of Jun. 2025, which is 42% below its 10-year median of 10.90. GuruFocus rates FRA:B0M with a GF Score™ of 40/100 and a GF Value™ of €0.21. The stock has 10 warning signs investors should review.

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. Alpina Holdings's annualized Net Income for the quarter that ended in Jun. 2025 was €3.58 Mil. Alpina Holdings's average total tangible assets for the quarter that ended in Jun. 2025 was €57.10 Mil. Therefore, Alpina Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2025 was 6.27%.

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

FRA:B0M' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -0.4   Med: 10.9   Max: 26.57
Current: 5.17

During the past 7 years, Alpina Holdings's highest Return-on-Tangible-Asset was 26.57%. The lowest was -0.40%. And the median was 10.90%.

FRA:B0M's Return-on-Tangible-Asset is not ranked
in the Construction industry.
Industry Median: 3.05 vs FRA:B0M: 5.17

Alpina Holdings  (FRA:B0M) 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.


Alpina Holdings Return-on-Tangible-Asset Related Terms


Alpina Holdings Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Alpina Holdings'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.

Alpina Holdings Return-on-Tangible-Asset Chart

Alpina Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset
Get a 7-Day Free Trial 15.63 27.24 5.09 -0.40 3.33

Alpina Holdings Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
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 0.61 -1.33 2.06 4.03 6.27

FRA:B0M vs PWR, FIX, EME: Return-on-Tangible-Asset Comparison

For the Engineering & Construction subindustry, Alpina Holdings'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.


Alpina Holdings Return-on-Tangible-Asset vs Construction Industry

For the Construction industry and Industrials sector, Alpina Holdings's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Alpina Holdings's Return-on-Tangible-Asset falls into.


FRA:B0M
40GF Score
Alpina Holdings Ltd FRA:B0M
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alpina Holdings Return-on-Tangible-Asset Calculation

Alpina Holdings's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=1.702/( (44.552+57.697)/ 2 )
=1.702/51.1245
=3.33 %

Alpina Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2025 )  (Q: Dec. 2024 )(Q: Jun. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2025 )  (Q: Dec. 2024 )(Q: Jun. 2025 )
=3.582/( (57.697+56.493)/ 2 )
=3.582/57.095
=6.27 %

* 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 (Jun. 2025) net income data.

What does a Return-on-Tangible-Asset of 6.27% mean?
Alpina Holdings (FRA:B0M) has a Return-on-Tangible-Asset of 6.27% as of Jun. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Alpina Holdings and its competitors. This is 42% below median its historical median of 10.90.
Is Alpina Holdings' Return-on-Tangible-Asset too high?
Alpina Holdings' current Return-on-Tangible-Asset of 6.27% is 42% below median its 10-year median of 10.90. The Construction industry median Return-on-Tangible-Asset is 3.05. Alpina Holdings' value of 6.27% is 105.6% above this industry median. Overall, Alpina Holdings has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Alpina Holdings' Return-on-Tangible-Asset compare to PWR and FIX?
Alpina Holdings' Return-on-Tangible-Asset of 6.27% can be compared against companies in the Construction industry. The industry median Return-on-Tangible-Asset is 3.05. Alpina Holdings' value of 6.27% is 105.6% above this benchmark. While the company's 10-year median is 10.90 vs. the industry median of 3.05, Alpina Holdings 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 Construction company?
The median Return-on-Tangible-Asset among Construction companies is 3.05, based on 1,783 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. Alpina Holdings's current Return-on-Tangible-Asset of 6.27% is 105.6% 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 Alpina Holdings and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alpina Holdings's current Return-on-Tangible-Asset is 6.27%, which is 42% below median its own 10-year median of 10.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alpina Holdings stock overvalued right now?
Alpina Holdings (FRA:B0M) has a current Return-on-Tangible-Asset of 6.27%. The stock's GF Value™ is €0.21, compared to a current price of €0.23 — trading 7.6% above its estimated fair value. The current Return-on-Tangible-Asset is 6.27%, which is 42% below median its 10-year median of 10.90 and 105.6% above the Construction industry median of 3.05. Alpina Holdings' overall GF Score™ is 40/100 with 10 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 Alpina Holdings (FRA:B0M), the current Return-on-Tangible-Asset is 6.27% as of Jun. 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 Alpina Holdings (FRA:B0M) Overvalued in 2026?

Based on GuruFocus' analysis, Alpina Holdings stock appears to be overvalued. The current stock price of €0.23 is trading 7.6% above its estimated GF Value™ of €0.21.

Key valuation signals for FRA:B0M:

  • Return-on-Tangible-Asset: 6.27% (42% below median its 10-year median of 10.90)
  • GF Value™: €0.21 vs. price of €0.23 (7.6% above fair value)
  • GF Score™: 40/100 with 10 warning signs
  • Industry Position: 105.6% above the Construction median

No single metric tells the full story. See the FRA:B0M stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Alpina Holdings Business Description

Address 54 Senoko Road, Woodlands East Industrial Estate, Singapore, SGP, 758118
Alpina Holdings Ltd is an established Singapore-based contractor that specializes in providing Integrated Building Services (IBS), Mechanical and Electrical (M&E) engineering services, Alteration and Addition (A&A), and Rental income from investment property (RI). The group provides IBS and M&E engineering services mainly as the main contractor and provides A&A works as a subcontractor. The majority of revenue is derived from the IBS segment.
40GF Score

Get the complete analysis for FRA:B0M

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

€0.23
Price
€0.21
GF Value