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Progen HoldingsSGX:583 Return-on-Tangible-Asset is 1.75% as of Jun. 2026. The stock has 3 warning signs investors should review. Among 1,787 Construction companies, Progen Holdings ranks worse than 64.41% 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. Progen Holdings's annualizedNet Income for the quarter that ended in Jun. 2026 was S$0.57 Mil. Progen Holdings's average total tangible assets for the quarter that ended in Jun. 2026 was S$32.54 Mil. Therefore, Progen Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 1.75%.
The historical rank and industry rank for Progen Holdings's Return-on-Tangible-Asset or its related term are showing as below:
SGX:583'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -12.25 Med: -4.94 Max: 4.82
Current: 1.13
During the past 13 years, Progen Holdings's highest Return-on-Tangible-Asset was 4.82%. The lowest was -12.25%. And the median was -4.94%.
SGX:583's Return-on-Tangible-Asset is ranked worse than 64.41% of 1787
companies
in the Construction industry
Industry Median: 3.08
vs SGX:583: 1.13
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.
Progen Holdings Return-on-Tangible-Asset Related Terms
Progen Holdings Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Progen 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.
SGX:583 vs TT, JCI, CARR: Return-on-Tangible-Asset Comparison
For the Building Products & Equipment subindustry, Progen 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.
Progen Holdings Return-on-Tangible-Asset vs Construction Industry
For the Construction industry and Industrials sector, Progen Holdings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Progen Holdings'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 1.75% mean?
Progen Holdings (SGX:583) has a Return-on-Tangible-Asset of 1.75% 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 Progen Holdings and its competitors. According to the industry distribution chart, Progen Holdings ranks #1151 out of 1787 companies in the Construction industry, placing it in the top 64.4%.
Is Progen Holdings' Return-on-Tangible-Asset too high?
Progen Holdings' current Return-on-Tangible-Asset is 1.75%. The Construction industry median Return-on-Tangible-Asset is 3.08. Progen Holdings' value of 1.75% is 43.2% below this industry median. Based on the distribution chart, Progen Holdings ranks #1151 out of 1787 companies in the Construction industry, which is below the industry midpoint.
How does Progen Holdings' Return-on-Tangible-Asset compare to TT and JCI?
According to the Construction industry distribution chart, Progen Holdings ranks #1151 out of 1787 companies for Return-on-Tangible-Asset. This places Progen Holdings in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.08. Progen Holdings' value of 1.75% is 43.2% below this benchmark. 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 3.08, based on 1,787 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. Progen Holdings's current Return-on-Tangible-Asset of 1.75% is 43.2% 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 Progen Holdings and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Progen Holdings's current Return-on-Tangible-Asset is 1.75%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Progen Holdings stock overvalued right now?
Progen Holdings (SGX:583) has a current Return-on-Tangible-Asset of 1.75%. The current Return-on-Tangible-Asset is 1.75% and 43.2% below the Construction industry median of 3.08. 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 Progen Holdings (SGX:583), the current Return-on-Tangible-Asset is 1.75% 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.
Progen Holdings Ltd is a Singapore-based investment holding company. Along with its subsidiaries, it is principally engaged in the business of design, supply, installation, and maintenance of air conditioners, cooling, and mechanical ventilation systems. The group's reportable segments are Products and installation, Servicing and maintenance, Rental, Property development, and Others. Majority of its revenue is generated from the Products and installation segment, which relates to the contracting of engineering works, cooling towers, air-conditioning, and mechanical ventilation systems. Geographically, it operates substantially in Singapore.
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