Lincotrade & Associates Holdings (SGX:BFT) Return-on-Tangible-Asset: 12.81% (As of Dec. 2025)

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SGX:BFT Lincotrade & Associates Holdings Ltd SGX:BFT
31 GF Score
Price S$0.36
GF Value S$0.25
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Lincotrade & Associates Holdings Return-on-Tangible-Asset?

Lincotrade & Associates Holdings SGX:BFT -1.37% 31 Return-on-Tangible-Asset is 12.81% as of Dec. 2025. GuruFocus rates SGX:BFT with a GF Score™ of 31/100 and a GF Value™ of S$0.25 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,788 Construction companies, Lincotrade & Associates Holdings ranks better than 86.24% 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. Lincotrade & Associates Holdings's annualized Net Income for the quarter that ended in Dec. 2025 was S$7.72 Mil. Lincotrade & Associates Holdings's average total tangible assets for the quarter that ended in Dec. 2025 was S$60.28 Mil. Therefore, Lincotrade & Associates Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 12.81%.

The historical rank and industry rank for Lincotrade & Associates Holdings's Return-on-Tangible-Asset or its related term are showing as below:

SGX:BFT' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -41.99   Med: -5.61   Max: 10.54
Current: 10.54

During the past 13 years, Lincotrade & Associates Holdings's highest Return-on-Tangible-Asset was 10.54%. The lowest was -41.99%. And the median was -5.61%.

SGX:BFT's Return-on-Tangible-Asset is ranked better than
86.24% of 1788 companies
in the Construction industry
Industry Median: 3.06 vs SGX:BFT: 10.54

Lincotrade & Associates Holdings  (SGX:BFT) 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.


Lincotrade & Associates Holdings Return-on-Tangible-Asset Related Terms


Lincotrade & Associates Holdings Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Lincotrade & Associates 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.

Lincotrade & Associates Holdings Return-on-Tangible-Asset Chart

Lincotrade & Associates Holdings Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Jun21 Jun22 Jun23 Jun24 Jun25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.65 2.24 -27.84 6.12 5.57

Lincotrade & Associates Holdings Semi-Annual Data
Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 9.21 2.43 3.52 7.86 12.81

SGX:BFT vs PWR, FIX, EME: Return-on-Tangible-Asset Comparison

For the Engineering & Construction subindustry, Lincotrade & Associates 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.


Lincotrade & Associates Holdings Return-on-Tangible-Asset vs Construction Industry

For the Construction industry and Industrials sector, Lincotrade & Associates Holdings's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Lincotrade & Associates Holdings's Return-on-Tangible-Asset falls into.


SGX:BFT
31GF Score
Lincotrade & Associates Holdings Ltd SGX:BFT
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lincotrade & Associates Holdings Return-on-Tangible-Asset Calculation

Lincotrade & Associates Holdings's annualized Return-on-Tangible-Asset for the fiscal year that ended in Jun. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Jun. 2025 )  (A: Jun. 2024 )(A: Jun. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Jun. 2025 )  (A: Jun. 2024 )(A: Jun. 2025 )
=2.557/( (39.805+51.978)/ 2 )
=2.557/45.8915
=5.57 %

Lincotrade & Associates Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=7.722/( (51.978+68.579)/ 2 )
=7.722/60.2785
=12.81 %

* 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 (Dec. 2025) net income data.

What does a Return-on-Tangible-Asset of 12.81% mean?
Lincotrade & Associates Holdings (SGX:BFT) has a Return-on-Tangible-Asset of 12.81% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Lincotrade & Associates Holdings and its competitors. According to the industry distribution chart, Lincotrade & Associates Holdings ranks #246 out of 1788 companies in the Construction industry, placing it in the top 13.8%.
Is Lincotrade & Associates Holdings' Return-on-Tangible-Asset too high?
Lincotrade & Associates Holdings' current Return-on-Tangible-Asset is 12.81%. The Construction industry median Return-on-Tangible-Asset is 3.06. Lincotrade & Associates Holdings' value of 12.81% is 318.6% above this industry median. Based on the distribution chart, Lincotrade & Associates Holdings ranks #246 out of 1788 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Lincotrade & Associates Holdings has a GF Score™ of 31/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lincotrade & Associates Holdings' Return-on-Tangible-Asset compare to PWR and FIX?
According to the Construction industry distribution chart, Lincotrade & Associates Holdings ranks #246 out of 1788 companies for Return-on-Tangible-Asset. This places Lincotrade & Associates Holdings in the top 14% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.06. Lincotrade & Associates Holdings' value of 12.81% is 318.6% above 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 3.06, based on 1,788 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. Lincotrade & Associates Holdings's current Return-on-Tangible-Asset of 12.81% is 318.6% 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 Lincotrade & Associates Holdings and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lincotrade & Associates Holdings's current Return-on-Tangible-Asset is 12.81%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lincotrade & Associates Holdings stock overvalued right now?
Based on GuruFocus' analysis, Lincotrade & Associates Holdings (SGX:BFT) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.25, compared to a current price of S$0.36 — trading 44% above its estimated fair value. The current Return-on-Tangible-Asset is 12.81% and 318.6% above the Construction industry median of 3.06. Lincotrade & Associates Holdings' overall GF Score™ is 31/100 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 Lincotrade & Associates Holdings (SGX:BFT), the current Return-on-Tangible-Asset is 12.81% as of Dec. 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 Lincotrade & Associates Holdings (SGX:BFT) Overvalued in 2026?

Based on GuruFocus' analysis, Lincotrade & Associates Holdings stock appears to be overvalued. The current stock price of S$0.36 is trading 44% above its estimated GF Value™ of S$0.25. GuruFocus considers Lincotrade & Associates Holdings to be Significantly Overvalued.

Key valuation signals for SGX:BFT:

  • Return-on-Tangible-Asset: 12.81%
  • GF Value™: S$0.25 vs. price of S$0.36 (44% above fair value)
  • GF Score™: 31/100 with 5 warning signs
  • Industry Position: 318.6% above the Construction median (#246 of 1788)

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


Lincotrade & Associates Holdings Business Description

Address 39 Sungei Kadut Loop, Singapore, SGP, 729494
Lincotrade & Associates Holdings Ltd specializes in interior fitting out services, additions and alterations ("A&A") works, and other building construction services. Its segments include commercial premises, such as offices, hotels, shopping malls, and food and beverage establishments; residential premises such as condominium developments; and show flats and sales galleries. The company generates the majority of its revenue from commercial premises. Geographically the company operates in Singapore.
31GF 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.

S$0.36
Price
S$0.25
GF Value