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Nam CheongSGX:1MZ -1.94%57 Return-on-Tangible-Asset is 21.57% as of Jun. 2026, which is 98% above its 10-year median of 10.88. GuruFocus rates SGX:1MZ with a GF Score™ of 57/100. The stock has 3 warning signs investors should review. Among 363 Aerospace & Defense companies, Nam Cheong ranks better than 97.8% 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. Nam Cheong's annualizedNet Income for the quarter that ended in Jun. 2026 was S$104.1 Mil. Nam Cheong's average total tangible assets for the quarter that ended in Jun. 2026 was S$0.0 Mil. Therefore, Nam Cheong's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 21.57%.
The historical rank and industry rank for Nam Cheong's Return-on-Tangible-Asset or its related term are showing as below:
SGX:1MZ'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -118.46 Med: 10.88 Max: 98.06
Current: 26.27
During the past 13 years, Nam Cheong's highest Return-on-Tangible-Asset was 98.06%. The lowest was -118.46%. And the median was 10.88%.
SGX:1MZ's Return-on-Tangible-Asset is ranked better than 97.8% of 363
companies
in the Aerospace & Defense industry
Industry Median: 2.36
vs SGX:1MZ: 26.27
Nam Cheong (SGX:1MZ) 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 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.
Nam Cheong Return-on-Tangible-Asset Related Terms
Nam Cheong Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Nam Cheong'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.
SGX:1MZ vs SPCX, GE, RTX: Return-on-Tangible-Asset Comparison
For the Aerospace & Defense subindustry, Nam Cheong'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.
Nam Cheong Return-on-Tangible-Asset vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Nam Cheong's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Nam Cheong'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 four times the quarterly (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 21.57% mean?
Nam Cheong (SGX:1MZ) has a Return-on-Tangible-Asset of 21.57% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Nam Cheong and its competitors. This is 98% above median its historical median of 10.88. According to the industry distribution chart, Nam Cheong ranks #8 out of 363 companies in the Aerospace & Defense industry, placing it in the top 2.2%.
Is Nam Cheong's Return-on-Tangible-Asset too high?
Nam Cheong's current Return-on-Tangible-Asset of 21.57% is 98% above median its 10-year median of 10.88. The Aerospace & Defense industry median Return-on-Tangible-Asset is 2.36. Nam Cheong's value of 21.57% is 814% above this industry median. Based on the distribution chart, Nam Cheong ranks #8 out of 363 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position relative to peers. Overall, Nam Cheong has a GF Score™ of 57/100, reflecting its overall financial health beyond just this single metric.
How does Nam Cheong's Return-on-Tangible-Asset compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Nam Cheong ranks #8 out of 363 companies for Return-on-Tangible-Asset. This places Nam Cheong in the top 2% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.36. Nam Cheong's value of 21.57% is 814% above this benchmark. While the company's 10-year median is 10.88 vs. the industry median of 2.36, Nam Cheong 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 an Aerospace & Defense company?
The median Return-on-Tangible-Asset among Aerospace & Defense companies is 2.36, based on 363 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. Nam Cheong's current Return-on-Tangible-Asset of 21.57% is 814% 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 Nam Cheong and its competitors. For the Aerospace & Defense industry, the median Return-on-Tangible-Asset is 2.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nam Cheong's current Return-on-Tangible-Asset is 21.57%, which is 98% above median its own 10-year median of 10.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nam Cheong stock overvalued right now?
Nam Cheong (SGX:1MZ) has a current Return-on-Tangible-Asset of 21.57%. The current Return-on-Tangible-Asset is 21.57%, which is 98% above median its 10-year median of 10.88 and 814% above the Aerospace & Defense industry median of 2.36. Nam Cheong's overall GF Score™ is 57/100 with 3 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 Nam Cheong (SGX:1MZ), the current Return-on-Tangible-Asset is 21.57% as of Jun. 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.
Nam Cheong Ltd is a Singapore-listed offshore marine group engaged in the construction and chartering of offshore support vessels. Its operations span shipbuilding and vessel chartering, with the shipbuilding segment building vessels for sale to offshore oil and gas service providers, while the chartering segment owns and operates a fleet deployed on contracts. Its fleet includes anchor handling tug supply vessels, platform supply vessels, accommodation work barges, maintenance work vessels, safety standby vessels, landing craft, and fast crew boats. The group serves oil and gas companies, offshore marine contractors, and vessel operators, primarily in Malaysia and elsewhere in Southeast Asia, with additional activity in other offshore markets. Revenue is generated through vessel sales contracts and charter hire income, with chartering historically contributing the larger share. Nam Cheong has also expanded into vessel ownership and long-term charter arrangements to complement its shipbuilding business.
57GF Score
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