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Sheng Siong GroupSGX:OV8 77 Return-on-Tangible-Asset is 15.51% as of Jun. 2026, which is 7% below its 10-year median of 16.72. GuruFocus rates SGX:OV8 with a GF Score™ of 77/100 and a GF Value™ of S$1.98 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 315 Retail - Defensive companies, Sheng Siong Group ranks better than 95.56% 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. Sheng Siong Group's annualizedNet Income for the quarter that ended in Jun. 2026 was S$162 Mil. Sheng Siong Group's average total tangible assets for the quarter that ended in Jun. 2026 was S$1,042 Mil. Therefore, Sheng Siong Group's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 15.51%.
The historical rank and industry rank for Sheng Siong Group's Return-on-Tangible-Asset or its related term are showing as below:
SGX:OV8'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 14.89 Med: 16.72 Max: 22.64
Current: 15.75
During the past 13 years, Sheng Siong Group's highest Return-on-Tangible-Asset was 22.64%. The lowest was 14.89%. And the median was 16.72%.
SGX:OV8's Return-on-Tangible-Asset is ranked better than 95.56% of 315
companies
in the Retail - Defensive industry
Industry Median: 3.7
vs SGX:OV8: 15.75
Sheng Siong Group (SGX:OV8) 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 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.
Sheng Siong Group Return-on-Tangible-Asset Related Terms
Sheng Siong Group Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Sheng Siong Group'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:OV8 vs KR, SFM: Return-on-Tangible-Asset Comparison
For the Grocery Stores subindustry, Sheng Siong Group'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.
Sheng Siong Group Return-on-Tangible-Asset vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Sheng Siong Group's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Sheng Siong Group'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 15.51% mean?
Sheng Siong Group (SGX:OV8) has a Return-on-Tangible-Asset of 15.51% 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 Sheng Siong Group and its competitors. This is near median its historical median of 16.72. Over the past decade, Sheng Siong Group's Return-on-Tangible-Asset has ranged from 14.89 to 22.64. According to the industry distribution chart, Sheng Siong Group ranks #14 out of 315 companies in the Retail - Defensive industry, placing it in the top 4.4%.
Is Sheng Siong Group's Return-on-Tangible-Asset too high?
Sheng Siong Group's current Return-on-Tangible-Asset of 15.51% is near median its 10-year median of 16.72. Over the past 10 years, this metric has ranged from a low of 14.89 to a high of 22.64. The Retail - Defensive industry median Return-on-Tangible-Asset is 3.70. Sheng Siong Group's value of 15.51% is 319.2% above this industry median. Based on the distribution chart, Sheng Siong Group ranks #14 out of 315 companies in the Retail - Defensive industry, which is in the top quartile — a strong position relative to peers. Overall, Sheng Siong Group has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sheng Siong Group's Return-on-Tangible-Asset compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, Sheng Siong Group ranks #14 out of 315 companies for Return-on-Tangible-Asset. This places Sheng Siong Group in the top 4% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.70. Sheng Siong Group's value of 15.51% is 319.2% above this benchmark. Historically, Sheng Siong Group's own Return-on-Tangible-Asset has ranged from 14.89 to 22.64 over the past decade. While the company's 10-year median is 16.72 vs. the industry median of 3.70, Sheng Siong Group 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 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. Sheng Siong Group's current Return-on-Tangible-Asset of 15.51% is 319.2% 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 Sheng Siong Group 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. Sheng Siong Group's current Return-on-Tangible-Asset is 15.51%, which is near median its own 10-year median of 16.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sheng Siong Group stock overvalued right now?
Based on GuruFocus' analysis, Sheng Siong Group (SGX:OV8) is currently considered Significantly Overvalued. The stock's GF Value™ is S$1.98, compared to a current price of S$3.29 — trading 66.2% above its estimated fair value. The current Return-on-Tangible-Asset is 15.51%, which is near median its 10-year median of 16.72 and 319.2% above the Retail - Defensive industry median of 3.70. Sheng Siong Group's overall GF Score™ is 77/100 with 4 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 Sheng Siong Group (SGX:OV8), the current Return-on-Tangible-Asset is 15.51% 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 Sheng Siong Group (SGX:OV8) Overvalued in 2026?
Based on GuruFocus' analysis, Sheng Siong Group stock appears to be overvalued.
The current stock price of S$3.29 is trading 66.2% above its estimated GF Value™ of S$1.98.
GuruFocus considers Sheng Siong Group to be Significantly Overvalued.
Key valuation signals for SGX:OV8:
Return-on-Tangible-Asset: 15.51% (near median its 10-year median of 16.72)
GF Value™: S$1.98 vs. price of S$3.29 (66.2% above fair value)
Industry Position: 319.2% above the Retail - Defensive median (#14 of 315)
No single metric tells the full story. See the SGX:OV8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sheng Siong Group Ltd is a Singapore-based company that is principally engaged in the retail business. The company operates through the Sheng Siong Groceries chain, with stores located across Singapore. The company offers "wet and dry" merchandise, including fresh and chilled goods (such as seafood, meat, and vegetables), processed, frozen, and preserved food products, and general merchandise (like toiletries and essential household products). The company has its own distribution network, food-processing facilities, and warehousing facilities. The Group operates in one segment, which relates to the provision of supermarket supplies and supermarket operations. The Groups operations are mainly located in Singapore.
77GF Score
Get the complete analysis for SGX:OV8
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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