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Singapore Paincare HoldingsSGX:FRQ Return-on-Tangible-Asset is -4.52% as of Jun. 2026. The stock has 4 warning signs investors should review. Among 681 Healthcare Providers & Services companies, Singapore Paincare Holdings ranks worse than 71.51% 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. Singapore Paincare Holdings's annualizedNet Income for the quarter that ended in Jun. 2026 was S$-0.91 Mil. Singapore Paincare Holdings's average total tangible assets for the quarter that ended in Jun. 2026 was S$20.02 Mil. Therefore, Singapore Paincare Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was -4.52%.
The historical rank and industry rank for Singapore Paincare Holdings's Return-on-Tangible-Asset or its related term are showing as below:
SGX:FRQ'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -16.18 Med: 13.58 Max: 46.62
Current: -4.09
During the past 10 years, Singapore Paincare Holdings's highest Return-on-Tangible-Asset was 46.62%. The lowest was -16.18%. And the median was 13.58%.
SGX:FRQ's Return-on-Tangible-Asset is ranked worse than 71.51% of 681
companies
in the Healthcare Providers & Services industry
Industry Median: 2.64
vs SGX:FRQ: -4.09
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.
Singapore Paincare Holdings Return-on-Tangible-Asset Related Terms
Singapore Paincare Holdings Return-on-Tangible-Asset Historical Data
* 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:FRQ vs HCA, THC, EHC: Return-on-Tangible-Asset Comparison
For the Medical Care Facilities subindustry, Singapore Paincare 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.
Singapore Paincare Holdings Return-on-Tangible-Asset vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Singapore Paincare Holdings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Singapore Paincare 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 -4.52% mean?
Singapore Paincare Holdings (SGX:FRQ) has a Return-on-Tangible-Asset of -4.52% 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 Singapore Paincare Holdings and its competitors. According to the industry distribution chart, Singapore Paincare Holdings ranks #487 out of 681 companies in the Healthcare Providers & Services industry, placing it in the top 71.5%.
Is Singapore Paincare Holdings' Return-on-Tangible-Asset too high?
Singapore Paincare Holdings' current Return-on-Tangible-Asset is -4.52%. Based on the distribution chart, Singapore Paincare Holdings ranks #487 out of 681 companies in the Healthcare Providers & Services industry, which is below the industry midpoint.
How does Singapore Paincare Holdings' Return-on-Tangible-Asset compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Singapore Paincare Holdings ranks #487 out of 681 companies for Return-on-Tangible-Asset. This places Singapore Paincare Holdings in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.64. 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 Healthcare Providers & Services company?
The median Return-on-Tangible-Asset among Healthcare Providers & Services companies is 2.64, based on 681 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 Singapore Paincare Holdings and its competitors. For the Healthcare Providers & Services industry, the median Return-on-Tangible-Asset is 2.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Singapore Paincare Holdings's current Return-on-Tangible-Asset is -4.52%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Singapore Paincare Holdings stock overvalued right now?
Based on GuruFocus' analysis, Singapore Paincare Holdings (SGX:FRQ) is currently considered Possible Value Trap. The stock's GF Value™ is S$0.15, compared to a current price of S$0.07 — trading 56.7% below its estimated fair value. The current Return-on-Tangible-Asset is -4.52%. 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 Singapore Paincare Holdings (SGX:FRQ), the current Return-on-Tangible-Asset is -4.52% 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.
Singapore Paincare Holdings Ltd is a medical services group engaged in pain care services, primary care, and other services. It offers Pain care services focused on the treatment of patients suffering from chronic pain. Its pain care services include, among others, minimally invasive procedures, cancer pain treatment, specialised injections, pharmacotherapy, and cognitive behavioural therapy. Its Primary care and other services provide general medical consultations, management of chronic and acute conditions, and dermatology services. Through its associated company, it also provides health screening services. The company operates mainly in Singapore.
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