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Oceanus GroupSGX:579 +50.00% Return-on-Tangible-Asset is -1.35% as of Jun. 2026. The stock has 7 warning signs investors should review. Among 312 Retail - Defensive companies, Oceanus Group ranks worse than 86.86% 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. Oceanus Group's annualizedNet Income for the quarter that ended in Jun. 2026 was S$-2.6 Mil. Oceanus Group's average total tangible assets for the quarter that ended in Jun. 2026 was S$190.5 Mil. Therefore, Oceanus Group's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was -1.35%.
The historical rank and industry rank for Oceanus Group's Return-on-Tangible-Asset or its related term are showing as below:
SGX:579'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -30.76 Med: -0.21 Max: 99.03
Current: -4.84
During the past 13 years, Oceanus Group's highest Return-on-Tangible-Asset was 99.03%. The lowest was -30.76%. And the median was -0.21%.
SGX:579's Return-on-Tangible-Asset is ranked worse than 86.86% of 312
companies
in the Retail - Defensive industry
Industry Median: 3.765
vs SGX:579: -4.84
Oceanus Group (SGX:579) 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.
Oceanus Group Return-on-Tangible-Asset Related Terms
Oceanus Group Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Oceanus Group'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:579 vs SYY, USFD, PFGC: Return-on-Tangible-Asset Comparison
For the Food Distribution subindustry, Oceanus Group'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.
Oceanus Group Return-on-Tangible-Asset vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Oceanus Group's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Oceanus Group'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 (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of -1.35% mean?
Oceanus Group (SGX:579) has a Return-on-Tangible-Asset of -1.35% 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 Oceanus Group and its competitors. According to the industry distribution chart, Oceanus Group ranks #271 out of 312 companies in the Retail - Defensive industry, placing it in the top 86.9%.
Is Oceanus Group's Return-on-Tangible-Asset too high?
Oceanus Group's current Return-on-Tangible-Asset is -1.35%. Based on the distribution chart, Oceanus Group ranks #271 out of 312 companies in the Retail - Defensive industry, which is in the bottom quartile relative to peers.
How does Oceanus Group's Return-on-Tangible-Asset compare to SYY and USFD?
According to the Retail - Defensive industry distribution chart, Oceanus Group ranks #271 out of 312 companies for Return-on-Tangible-Asset. This places Oceanus Group in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.77. 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 Retail - Defensive company?
The median Return-on-Tangible-Asset among Retail - Defensive companies is 3.77, based on 312 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. 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 Oceanus Group and its competitors. For the Retail - Defensive industry, the median Return-on-Tangible-Asset is 3.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Oceanus Group's current Return-on-Tangible-Asset is -1.35%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oceanus Group stock overvalued right now?
Based on GuruFocus' analysis, Oceanus Group (SGX:579) is currently considered Possible Value Trap. The stock's GF Value™ is S$0.01, compared to a current price of S$0.00 — trading 70% below its estimated fair value. The current Return-on-Tangible-Asset is -1.35%. 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 Oceanus Group (SGX:579), the current Return-on-Tangible-Asset is -1.35% 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.
Oceanus Group Ltd is an investment holding company. The company, along with its subsidiaries, is engaged in the operation of hatcheries and fish farms, processing, curing, and preserving fish and other seafood. Its operating segments are: Trading, Warehousing and transportation, and others. The Trading segment includes sales of processed marine products, sugar, beverages, and other commodities. The Warehousing and transportation segment includes warehousing and transportation services to customers. Its geographical segments include the People's Republic of China, Singapore, Hong Kong, Australia, Macau, and Thailand, of which Hong Kong contributes the majority of the revenue.
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