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Singapore Technologies EngineeringSGGKF 73 Return-on-Tangible-Asset is 1.02% as of Dec. 2025, which is 85% below its 10-year median of 6.69. GuruFocus rates SGGKF with a GF Score™ of 73/100 and a GF Value™ of $4.51 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 359 Aerospace & Defense companies, Singapore Technologies Engineering ranks better than 56.82% on this metric.
The historical rank and industry rank for Singapore Technologies Engineering's Return-on-Tangible-Asset or its related term are showing as below:
SGGKF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.96 Med: 6.69 Max: 8.28
Current: 3.99
During the past 13 years, Singapore Technologies Engineering's highest Return-on-Tangible-Asset was 8.28%. The lowest was 3.96%. And the median was 6.69%.
SGGKF's Return-on-Tangible-Asset is ranked better than 56.82% of 359
companies
in the Aerospace & Defense industry
Industry Median: 3.05
vs SGGKF: 3.99
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 companys 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 companys 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.
Singapore Technologies Engineering Return-on-Tangible-Asset Related Terms
Singapore Technologies Engineering Return-on-Tangible-Asset Historical Data
* 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.
SGGKF vs SPCX, GE, RTX: Return-on-Tangible-Asset Comparison
For the Aerospace & Defense subindustry, Singapore Technologies Engineering'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.
Singapore Technologies Engineering Return-on-Tangible-Asset vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Singapore Technologies Engineering's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Singapore Technologies Engineering's Return-on-Tangible-Asset falls into.
* 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 1.02% mean?
Singapore Technologies Engineering (SGGKF) has a Return-on-Tangible-Asset of 1.02% 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 Singapore Technologies Engineering and its competitors. This is 85% below median its historical median of 6.69. Over the past decade, Singapore Technologies Engineering's Return-on-Tangible-Asset has ranged from 3.96 to 8.28. According to the industry distribution chart, Singapore Technologies Engineering ranks #155 out of 359 companies in the Aerospace & Defense industry, placing it in the top 43.2%.
Is Singapore Technologies Engineering's Return-on-Tangible-Asset too high?
Singapore Technologies Engineering's current Return-on-Tangible-Asset of 1.02% is 85% below median its 10-year median of 6.69. Over the past 10 years, this metric has ranged from a low of 3.96 to a high of 8.28. The Aerospace & Defense industry median Return-on-Tangible-Asset is 3.05. Singapore Technologies Engineering's value of 1.02% is 66.6% below this industry median. Based on the distribution chart, Singapore Technologies Engineering ranks #155 out of 359 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, Singapore Technologies Engineering has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Singapore Technologies Engineering's Return-on-Tangible-Asset compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Singapore Technologies Engineering ranks #155 out of 359 companies for Return-on-Tangible-Asset. This puts Singapore Technologies Engineering in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.05. Singapore Technologies Engineering's value of 1.02% is 66.6% below this benchmark. Historically, Singapore Technologies Engineering's own Return-on-Tangible-Asset has ranged from 3.96 to 8.28 over the past decade. While the company's 10-year median is 6.69 vs. the industry median of 3.05, Singapore Technologies Engineering has consistently been below 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 an Aerospace & Defense company?
The median Return-on-Tangible-Asset among Aerospace & Defense companies is 3.05, based on 359 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. Singapore Technologies Engineering's current Return-on-Tangible-Asset of 1.02% is 66.6% below 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 Singapore Technologies Engineering and its competitors. For the Aerospace & Defense 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. Singapore Technologies Engineering's current Return-on-Tangible-Asset is 1.02%, which is 85% below median its own 10-year median of 6.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Singapore Technologies Engineering stock overvalued right now?
Based on GuruFocus' analysis, Singapore Technologies Engineering (SGGKF) is currently considered Significantly Overvalued. The stock's GF Value™ is $4.51, compared to a current price of $8.53 — trading 89.1% above its estimated fair value. The current Return-on-Tangible-Asset is 1.02%, which is 85% below median its 10-year median of 6.69 and 66.6% below the Aerospace & Defense industry median of 3.05. Singapore Technologies Engineering's overall GF Score™ is 73/100 with 11 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 Singapore Technologies Engineering (SGGKF), the current Return-on-Tangible-Asset is 1.02% 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 Singapore Technologies Engineering (SGGKF) Overvalued in 2026?
Based on GuruFocus' analysis, Singapore Technologies Engineering stock appears to be overvalued.
The current stock price of $8.53 is trading 89.1% above its estimated GF Value™ of $4.51.
GuruFocus considers Singapore Technologies Engineering to be Significantly Overvalued.
Key valuation signals for SGGKF:
Return-on-Tangible-Asset: 1.02% (85% below median its 10-year median of 6.69)
GF Value™: $4.51 vs. price of $8.53 (89.1% above fair value)
Industry Position: 66.6% below the Aerospace & Defense median (#155 of 359)
No single metric tells the full story. See the SGGKF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Singapore Technologies Engineering Business Description
ST Engineering is a Singaporean government-linked commercial and defense engineering group. Its key businesses include aircraft maintenance, repair and overhaul services, in which it is the world's largest independent third-party provider. The company's fastest-growing activities involve applications to defense and smart city solutions where it provides tolling solutions, traffic control systems, command and control dashboards, cybersecurity tools, and other related components. Around two thirds of the company's revenue comes from commercial clients while the remainder is defense.
73GF Score
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