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Lum Chang HoldingsSGX:L19 -0.91%62 Return-on-Tangible-Asset is 11.59% as of Jun. 2026, which is 362% above its 10-year median of 2.51. GuruFocus rates SGX:L19 with a GF Score™ of 62/100 and a GF Value™ of S$0.52 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,797 Construction companies, Lum Chang Holdings ranks better than 77.52% 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. Lum Chang Holdings's annualizedNet Income for the quarter that ended in Jun. 2026 was S$56.4 Mil. Lum Chang Holdings's average total tangible assets for the quarter that ended in Jun. 2026 was S$486.1 Mil. Therefore, Lum Chang Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 11.59%.
The historical rank and industry rank for Lum Chang Holdings's Return-on-Tangible-Asset or its related term are showing as below:
SGX:L19'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -6.36 Med: 2.51 Max: 7.72
Current: 7.72
During the past 13 years, Lum Chang Holdings's highest Return-on-Tangible-Asset was 7.72%. The lowest was -6.36%. And the median was 2.51%.
SGX:L19's Return-on-Tangible-Asset is ranked better than 77.52% of 1797
companies
in the Construction industry
Industry Median: 3.06
vs SGX:L19: 7.72
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.
Lum Chang Holdings Return-on-Tangible-Asset Related Terms
Lum Chang Holdings Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Lum Chang 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.
SGX:L19 vs PWR, FIX, EME: Return-on-Tangible-Asset Comparison
For the Engineering & Construction subindustry, Lum Chang 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.
Lum Chang Holdings Return-on-Tangible-Asset vs Construction Industry
For the Construction industry and Industrials sector, Lum Chang Holdings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Lum Chang 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 11.59% mean?
Lum Chang Holdings (SGX:L19) has a Return-on-Tangible-Asset of 11.59% 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 Lum Chang Holdings and its competitors. This is 362% above median its historical median of 2.51. According to the industry distribution chart, Lum Chang Holdings ranks #404 out of 1797 companies in the Construction industry, placing it in the top 22.5%.
Is Lum Chang Holdings' Return-on-Tangible-Asset too high?
Lum Chang Holdings' current Return-on-Tangible-Asset of 11.59% is 362% above median its 10-year median of 2.51. The Construction industry median Return-on-Tangible-Asset is 3.06. Lum Chang Holdings' value of 11.59% is 278.8% above this industry median. Based on the distribution chart, Lum Chang Holdings ranks #404 out of 1797 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Lum Chang Holdings has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Lum Chang Holdings' Return-on-Tangible-Asset compare to PWR and FIX?
According to the Construction industry distribution chart, Lum Chang Holdings ranks #404 out of 1797 companies for Return-on-Tangible-Asset. This places Lum Chang Holdings in the top 23% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.06. Lum Chang Holdings' value of 11.59% is 278.8% above this benchmark. While the company's 10-year median is 2.51 vs. the industry median of 3.06, Lum Chang Holdings 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 Construction company?
The median Return-on-Tangible-Asset among Construction companies is 3.06, based on 1,797 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. Lum Chang Holdings's current Return-on-Tangible-Asset of 11.59% is 278.8% 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 Lum Chang 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. Lum Chang Holdings's current Return-on-Tangible-Asset is 11.59%, which is 362% above median its own 10-year median of 2.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lum Chang Holdings stock overvalued right now?
Based on GuruFocus' analysis, Lum Chang Holdings (SGX:L19) is currently considered Fairly Valued. The stock's GF Value™ is S$0.52, compared to a current price of S$0.55 — trading 4.8% above its estimated fair value. The current Return-on-Tangible-Asset is 11.59%, which is 362% above median its 10-year median of 2.51 and 278.8% above the Construction industry median of 3.06. Lum Chang Holdings' overall GF Score™ is 62/100 with 2 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 Lum Chang Holdings (SGX:L19), the current Return-on-Tangible-Asset is 11.59% 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 Lum Chang Holdings (SGX:L19) Overvalued in 2026?
Based on GuruFocus' analysis, Lum Chang Holdings stock appears to be overvalued.
The current stock price of S$0.55 is trading 4.8% above its estimated GF Value™ of S$0.52.
GuruFocus considers Lum Chang Holdings to be Fairly Valued.
Key valuation signals for SGX:L19:
Return-on-Tangible-Asset: 11.59% (362% above median its 10-year median of 2.51)
GF Value™: S$0.52 vs. price of S$0.55 (4.8% above fair value)
Industry Position: 278.8% above the Construction median (#404 of 1797)
No single metric tells the full story. See the SGX:L19 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lum Chang Holdings Ltd is a construction company operating through four segments: Construction; Restoration & Interior Fit-Out; Property Development and Investment; and Investment Holding & Others. The Construction segment, which contributes the majority of the revenue, focuses on building construction, extensions, additions, alterations, refurbishment, and restoration. The Restoration & Interior Fit-Out segment offers niche restoration works, interior fit-outs, and addition and alteration (A&A) projects. The Property Development and Investment segment develops and holds properties for sale and investment, while the Investment Holding & Others segment manages group investments and provides management services.
62GF 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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