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Khong GuanSGX:K03 71 Return-on-Tangible-Asset is 0.76% as of Jan. 2026. GuruFocus rates SGX:K03 with a GF Score™ of 71/100 and a GF Value™ of S$1.03 (Fairly Valued). The stock has 3 warning signs investors should review. Among 315 Retail - Defensive companies, Khong Guan ranks worse than 80% 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. Khong Guan's annualizedNet Income for the quarter that ended in Jan. 2026 was S$0.53 Mil. Khong Guan's average total tangible assets for the quarter that ended in Jan. 2026 was S$68.97 Mil. Therefore, Khong Guan's annualized Return-on-Tangible-Asset for the quarter that ended in Jan. 2026 was 0.76%.
The historical rank and industry rank for Khong Guan's Return-on-Tangible-Asset or its related term are showing as below:
SGX:K03'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -2.05 Med: -0.18 Max: 1.85
Current: -0.5
During the past 13 years, Khong Guan's highest Return-on-Tangible-Asset was 1.85%. The lowest was -2.05%. And the median was -0.18%.
SGX:K03's Return-on-Tangible-Asset is ranked worse than 80% of 315
companies
in the Retail - Defensive industry
Industry Median: 3.7
vs SGX:K03: -0.50
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.
Khong Guan Return-on-Tangible-Asset Related Terms
Khong Guan Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Khong Guan'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:K03 vs SYY, USFD, PFGC: Return-on-Tangible-Asset Comparison
For the Food Distribution subindustry, Khong Guan'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.
Khong Guan Return-on-Tangible-Asset vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Khong Guan's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Khong Guan'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 (Jan. 2026) net income data.
What does a Return-on-Tangible-Asset of 0.76% mean?
Khong Guan (SGX:K03) has a Return-on-Tangible-Asset of 0.76% as of Jan. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Khong Guan and its competitors. According to the industry distribution chart, Khong Guan ranks #252 out of 315 companies in the Retail - Defensive industry, placing it in the top 80%.
Is Khong Guan's Return-on-Tangible-Asset too high?
Khong Guan's current Return-on-Tangible-Asset is 0.76%. The Retail - Defensive industry median Return-on-Tangible-Asset is 3.70. Khong Guan's value of 0.76% is 79.5% below this industry median. Based on the distribution chart, Khong Guan ranks #252 out of 315 companies in the Retail - Defensive industry, which is in the bottom quartile relative to peers. Overall, Khong Guan has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Khong Guan's Return-on-Tangible-Asset compare to SYY and USFD?
According to the Retail - Defensive industry distribution chart, Khong Guan ranks #252 out of 315 companies for Return-on-Tangible-Asset. This places Khong Guan in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.70. Khong Guan's value of 0.76% is 79.5% 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 Retail - Defensive company?
The median Return-on-Tangible-Asset among Retail - Defensive companies is 3.70, based on 315 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. Khong Guan's current Return-on-Tangible-Asset of 0.76% is 79.5% 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 Khong Guan and its competitors. For the Retail - Defensive industry, the median Return-on-Tangible-Asset is 3.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Khong Guan's current Return-on-Tangible-Asset is 0.76%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Khong Guan stock overvalued right now?
Based on GuruFocus' analysis, Khong Guan (SGX:K03) is currently considered Fairly Valued. The stock's GF Value™ is S$1.03, compared to a current price of S$0.99 — trading 3.9% below its estimated fair value. The current Return-on-Tangible-Asset is 0.76% and 79.5% below the Retail - Defensive industry median of 3.70. Khong Guan's overall GF Score™ is 71/100 with 3 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 Khong Guan (SGX:K03), the current Return-on-Tangible-Asset is 0.76% as of Jan. 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 Khong Guan (SGX:K03) Overvalued in 2026?
Based on GuruFocus' analysis, Khong Guan stock appears to be undervalued.
The current stock price of S$0.99 is trading 3.9% below its estimated GF Value™ of S$1.03.
GuruFocus considers Khong Guan to be Fairly Valued.
Key valuation signals for SGX:K03:
Return-on-Tangible-Asset: 0.76%
GF Value™: S$1.03 vs. price of S$0.99 (3.9% below fair value)
Industry Position: 79.5% below the Retail - Defensive median (#252 of 315)
No single metric tells the full story. See the SGX:K03 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Khong Guan Ltd is a Singapore-based investment holding company. It has two reportable operating segments; Trading of wheat flour and consumer goods, which is engaged in trading of wheat flour and consumer goods in Singapore and Malaysia; and Others which is involved in trading and holding of quoted and unquoted shares in Singapore and Malaysia. The company generates maximum revenue from the Trading of wheat flour and consumer goods segment. Geographically, it derives a majority of its revenue from Malaysia and the rest from Singapore.
71GF Score
Get the complete analysis for SGX:K03
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