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Amcorp GlobalSGX:S9B Return-on-Tangible-Asset is -0.21% as of Mar. 2026. The stock has 3 warning signs investors should review. Among 1,800 Real Estate companies, Amcorp Global ranks worse than 73.39% 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. Amcorp Global's annualizedNet Income for the quarter that ended in Mar. 2026 was S$-0.21 Mil. Amcorp Global's average total tangible assets for the quarter that ended in Mar. 2026 was S$99.15 Mil. Therefore, Amcorp Global's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -0.21%.
The historical rank and industry rank for Amcorp Global's Return-on-Tangible-Asset or its related term are showing as below:
SGX:S9B'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -8.38 Med: -0.9 Max: 2.13
Current: -1.03
During the past 13 years, Amcorp Global's highest Return-on-Tangible-Asset was 2.13%. The lowest was -8.38%. And the median was -0.90%.
SGX:S9B's Return-on-Tangible-Asset is ranked worse than 73.39% of 1800
companies
in the Real Estate industry
Industry Median: 1.82
vs SGX:S9B: -1.03
Amcorp Global (SGX:S9B) 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.
Amcorp Global Return-on-Tangible-Asset Related Terms
Amcorp Global Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Amcorp Global'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.
Amcorp Global Return-on-Tangible-Asset Competitor Comparison
For the Real Estate - Development subindustry, Amcorp Global'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.
Amcorp Global Return-on-Tangible-Asset vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Amcorp Global's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Amcorp Global'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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of -0.21% mean?
Amcorp Global (SGX:S9B) has a Return-on-Tangible-Asset of -0.21% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Amcorp Global and its competitors. According to the industry distribution chart, Amcorp Global ranks #1321 out of 1800 companies in the Real Estate industry, placing it in the top 73.4%.
Is Amcorp Global's Return-on-Tangible-Asset too high?
Amcorp Global's current Return-on-Tangible-Asset is -0.21%. Based on the distribution chart, Amcorp Global ranks #1321 out of 1800 companies in the Real Estate industry, which is below the industry midpoint.
How does Amcorp Global's Return-on-Tangible-Asset compare to competitors?
According to the Real Estate industry distribution chart, Amcorp Global ranks #1321 out of 1800 companies for Return-on-Tangible-Asset. This places Amcorp Global in the lower half of its industry. The industry median Return-on-Tangible-Asset is 1.82. 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 Real Estate company?
The median Return-on-Tangible-Asset among Real Estate companies is 1.82, based on 1,800 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 Amcorp Global and its competitors. For the Real Estate industry, the median Return-on-Tangible-Asset is 1.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Amcorp Global's current Return-on-Tangible-Asset is -0.21%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Amcorp Global stock overvalued right now?
Based on GuruFocus' analysis, Amcorp Global (SGX:S9B) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.01, compared to a current price of S$0.10 — trading 900% above its estimated fair value. The current Return-on-Tangible-Asset is -0.21%. 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 Amcorp Global (SGX:S9B), the current Return-on-Tangible-Asset is -0.21% as of Mar. 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.
Amcorp Global Ltd is a real estate development company. The company is engaged in the business of engineering, real estate, and infrastructure. It owns residential, commercial, and industrial projects in Singapore. The group is organized into business units based on its products and services and operates in a single-segment Property development. The property division segment involves the development and sale of development properties. Its geographical segments include Singapore, Vietnam, and Malaysia, out of which the majority of its revenue comes from Malaysia.
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