Pharmesis International (SGX:BFK) Return-on-Tangible-Asset: -10.02% (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SGX:BFK Pharmesis International Ltd SGX:BFK
34 GF Score
Price S$0.13
GF Value S$0.16
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Pharmesis International Return-on-Tangible-Asset?

Pharmesis International SGX:BFK 34 Return-on-Tangible-Asset is -10.02% as of Jun. 2026. GuruFocus rates SGX:BFK with a GF Score™ of 34/100 and a GF Value™ of S$0.16 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,008 Drug Manufacturers companies, Pharmesis International ranks worse than 75.5% 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. Pharmesis International's annualized Net Income for the quarter that ended in Jun. 2026 was S$-1.66 Mil. Pharmesis International's average total tangible assets for the quarter that ended in Jun. 2026 was S$16.55 Mil. Therefore, Pharmesis International's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was -10.02%.

The historical rank and industry rank for Pharmesis International's Return-on-Tangible-Asset or its related term are showing as below:

SGX:BFK' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -16.41   Med: -3.69   Max: 8.29
Current: -8.39

During the past 13 years, Pharmesis International's highest Return-on-Tangible-Asset was 8.29%. The lowest was -16.41%. And the median was -3.69%.

SGX:BFK's Return-on-Tangible-Asset is ranked worse than
75.5% of 1008 companies
in the Drug Manufacturers industry
Industry Median: 2.82 vs SGX:BFK: -8.39

Pharmesis International  (SGX:BFK) 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 company’s 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 company’s 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.


Pharmesis International Return-on-Tangible-Asset Related Terms


Pharmesis International Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Pharmesis International'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.

Pharmesis International Return-on-Tangible-Asset Chart

Pharmesis International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.32 -3.61 -5.36 8.29 -4.09

Pharmesis International Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -8.59 24.44 -2.65 -6.50 -10.02

SGX:BFK vs ZTS, UTHR, VTRS: Return-on-Tangible-Asset Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Pharmesis International'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.


Pharmesis International Return-on-Tangible-Asset vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Pharmesis International's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Pharmesis International's Return-on-Tangible-Asset falls into.


SGX:BFK
34GF Score
Pharmesis International Ltd SGX:BFK
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pharmesis International Return-on-Tangible-Asset Calculation

Pharmesis International's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=-0.788/( (21.242+17.301)/ 2 )
=-0.788/19.2715
=-4.09 %

Pharmesis International's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Dec. 2025 )(Q: Jun. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Dec. 2025 )(Q: Jun. 2026 )
=-1.658/( (17.301+15.796)/ 2 )
=-1.658/16.5485
=-10.02 %

* 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 -10.02% mean?
Pharmesis International (SGX:BFK) has a Return-on-Tangible-Asset of -10.02% 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 Pharmesis International and its competitors. According to the industry distribution chart, Pharmesis International ranks #761 out of 1008 companies in the Drug Manufacturers industry, placing it in the top 75.5%.
Is Pharmesis International's Return-on-Tangible-Asset too high?
Pharmesis International's current Return-on-Tangible-Asset is -10.02%. Based on the distribution chart, Pharmesis International ranks #761 out of 1008 companies in the Drug Manufacturers industry, which is in the bottom quartile relative to peers. Overall, Pharmesis International has a GF Score™ of 34/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pharmesis International's Return-on-Tangible-Asset compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, Pharmesis International ranks #761 out of 1008 companies for Return-on-Tangible-Asset. This places Pharmesis International in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.82. 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 Drug Manufacturers company?
The median Return-on-Tangible-Asset among Drug Manufacturers companies is 2.82, based on 1,008 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 Pharmesis International and its competitors. For the Drug Manufacturers industry, the median Return-on-Tangible-Asset is 2.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pharmesis International's current Return-on-Tangible-Asset is -10.02%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pharmesis International stock overvalued right now?
Based on GuruFocus' analysis, Pharmesis International (SGX:BFK) is currently considered Modestly Undervalued. The stock's GF Value™ is S$0.16, compared to a current price of S$0.13 — trading 21.9% below its estimated fair value. The current Return-on-Tangible-Asset is -10.02%. Pharmesis International's overall GF Score™ is 34/100 with 6 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 Pharmesis International (SGX:BFK), the current Return-on-Tangible-Asset is -10.02% 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.

Is Pharmesis International (SGX:BFK) Overvalued in 2026?

Based on GuruFocus' analysis, Pharmesis International stock appears to be undervalued. The current stock price of S$0.13 is trading 21.9% below its estimated GF Value™ of S$0.16. GuruFocus considers Pharmesis International to be Modestly Undervalued.

Key valuation signals for SGX:BFK:

  • Return-on-Tangible-Asset: -10.02%
  • GF Value™: S$0.16 vs. price of S$0.13 (21.9% below fair value)
  • GF Score™: 34/100 with 6 warning signs

No single metric tells the full story. See the SGX:BFK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pharmesis International Business Description

Address 5 Kallang Sector, No. 03-02, Singapore, SGP, 349279
Pharmesis International Ltd is an investment holding company. The company manufactures pharmaceutical products in the form of tablets, granules, pills, and other forms. Its operating segments are Western drugs/TCH Procurement, which are chemically formulated drugs and are marketed under the Kinna brand; TCM-formulated drugs/IP rental, which refer to Traditional Chinese Medicine and are marketed under the Longlife brand; and Distribution, which derives maximum revenue, refers to agency products and internally manufactured products which are marketed through the distribution arm. The company derives revenue from the sale of medicines to domestic customers in China.
34GF Score

Get the complete analysis for SGX:BFK

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

S$0.13
Price
S$0.16
GF Value