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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. Broadway Industrial Group's annualizedNet Income for the quarter that ended in Jun. 2025 was S$8.0 Mil. Broadway Industrial Group's average total tangible assets for the quarter that ended in Jun. 2025 was S$216.5 Mil. Therefore, Broadway Industrial Group's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2025 was 3.69%.
The historical rank and industry rank for Broadway Industrial Group's Return-on-Tangible-Asset or its related term are showing as below:
SGX:B69'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -18.23 Med: 1.31 Max: 7.18
Current: 3.28
During the past 13 years, Broadway Industrial Group's highest Return-on-Tangible-Asset was 7.18%. The lowest was -18.23%. And the median was 1.31%.
SGX:B69's Return-on-Tangible-Asset is not ranked
in the Hardware industry.
Industry Median: 2.89
vs SGX:B69: 3.28
Broadway Industrial Group (SGX:B69) 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.
Broadway Industrial Group Return-on-Tangible-Asset Related Terms
Broadway Industrial Group Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Broadway Industrial 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.
Broadway Industrial Group Return-on-Tangible-Asset Chart
SGX:B69 vs ANET, DELL, SMCI: Return-on-Tangible-Asset Comparison
For the Computer Hardware subindustry, Broadway Industrial 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.
Broadway Industrial Group Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, Broadway Industrial Group's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Broadway Industrial 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. 2025) net income data.
What does a Return-on-Tangible-Asset of 3.69% mean?
Broadway Industrial Group (SGX:B69) has a Return-on-Tangible-Asset of 3.69% 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 Broadway Industrial Group and its competitors. This is 182% above median its historical median of 1.31.
Is Broadway Industrial Group's Return-on-Tangible-Asset too high?
Broadway Industrial Group's current Return-on-Tangible-Asset of 3.69% is 182% above median its 10-year median of 1.31. The Hardware industry median Return-on-Tangible-Asset is 2.89. Broadway Industrial Group's value of 3.69% is 27.7% above this industry median. Overall, Broadway Industrial Group has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Broadway Industrial Group's Return-on-Tangible-Asset compare to ANET and DELL?
Broadway Industrial Group's Return-on-Tangible-Asset of 3.69% can be compared against companies in the Hardware industry. The industry median Return-on-Tangible-Asset is 2.89. Broadway Industrial Group's value of 3.69% is 27.7% above this benchmark. While the company's 10-year median is 1.31 vs. the industry median of 2.89, Broadway Industrial Group 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 Hardware company?
The median Return-on-Tangible-Asset among Hardware companies is 2.89, based on 2,499 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. Broadway Industrial Group's current Return-on-Tangible-Asset of 3.69% is 27.7% 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 Broadway Industrial Group and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Broadway Industrial Group's current Return-on-Tangible-Asset is 3.69%, which is 182% above median its own 10-year median of 1.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Broadway Industrial Group stock overvalued right now?
Broadway Industrial Group (SGX:B69) has a current Return-on-Tangible-Asset of 3.69%. The stock's GF Value™ is S$0.07, compared to a current price of S$0.19 — trading 177.1% above its estimated fair value. The current Return-on-Tangible-Asset is 3.69%, which is 182% above median its 10-year median of 1.31 and 27.7% above the Hardware industry median of 2.89. Broadway Industrial Group's overall GF Score™ is 43/100 with 5 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 Broadway Industrial Group (SGX:B69), the current Return-on-Tangible-Asset is 3.69% 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 Broadway Industrial Group (SGX:B69) Overvalued in 2026?
Based on GuruFocus' analysis, Broadway Industrial Group stock appears to be overvalued.
The current stock price of S$0.19 is trading 177.1% above its estimated GF Value™ of S$0.07.
Key valuation signals for SGX:B69:
Return-on-Tangible-Asset: 3.69% (182% above median its 10-year median of 1.31)
GF Value™: S$0.07 vs. price of S$0.19 (177.1% above fair value)
Industry Position: 27.7% above the Hardware median
No single metric tells the full story. See the SGX:B69 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Broadway Industrial Group Ltd is a manufacturer of precision machined components. The company provides actuator arms, assemblies, and other related parts mainly for the hard disk drive (HDD) industry. Its operating segments are; the HDD segment which generates key revenue and consists of the manufacturing and distribution of actuator arms and related assembly for the hard disk industry; The PE segment comprises the manufacturing and distribution of precision diecasting and machining parts for telecommunications equipment, industrial applications, and automotive industries, and others segment comprises investment holding. Geographically, the company generates a majority of its revenue from Thailand followed by the People's Republic of China, Vietnam, south Korea, and other countries.
43GF Score
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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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