Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
TIHSGX:T55 28 Return-on-Tangible-Asset is -4.74% as of Jun. 2026. GuruFocus rates SGX:T55 with a GF Score™ of 28/100 and a GF Value™ of S$0.31 (Significantly Undervalued). Among 1,618 Asset Management companies, TIH ranks better than 55.56% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. TIH's annualizedNet Income for the quarter that ended in Jun. 2026 was S$-6.98 Mil. TIH's average total tangible assets for the quarter that ended in Jun. 2026 was S$147.12 Mil. Therefore, TIH's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was -4.74%.
The historical rank and industry rank for TIH's Return-on-Tangible-Asset or its related term are showing as below:
SGX:T55'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -8.51 Med: 4.97 Max: 12.27
Current: 5.73
During the past 13 years, TIH's highest Return-on-Tangible-Asset was 12.27%. The lowest was -8.51%. And the median was 4.97%.
SGX:T55's Return-on-Tangible-Asset is ranked better than 55.56% of 1618
companies
in the Asset Management industry
Industry Median: 4.525
vs SGX:T55: 5.73
TIH (SGX:T55) 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.
TIH Return-on-Tangible-Asset Related Terms
TIH Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for TIH'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:T55 vs BLK, BX, KKR: Return-on-Tangible-Asset Comparison
For the Asset Management subindustry, TIH'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.
TIH Return-on-Tangible-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, TIH's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where TIH'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 -4.74% mean?
TIH (SGX:T55) has a Return-on-Tangible-Asset of -4.74% 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 TIH and its competitors. According to the industry distribution chart, TIH ranks #719 out of 1618 companies in the Asset Management industry, placing it in the top 44.4%.
Is TIH's Return-on-Tangible-Asset too high?
TIH's current Return-on-Tangible-Asset is -4.74%. Based on the distribution chart, TIH ranks #719 out of 1618 companies in the Asset Management industry, which is above the industry midpoint. Overall, TIH has a GF Score™ of 28/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TIH's Return-on-Tangible-Asset compare to BLK and BX?
According to the Asset Management industry distribution chart, TIH ranks #719 out of 1618 companies for Return-on-Tangible-Asset. This puts TIH in the upper half of its industry. The industry median Return-on-Tangible-Asset is 4.53. 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 an Asset Management company?
The median Return-on-Tangible-Asset among Asset Management companies is 4.53, based on 1,618 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 TIH and its competitors. For the Asset Management industry, the median Return-on-Tangible-Asset is 4.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TIH's current Return-on-Tangible-Asset is -4.74%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TIH stock overvalued right now?
Based on GuruFocus' analysis, TIH (SGX:T55) is currently considered Significantly Undervalued. The stock's GF Value™ is S$0.31, compared to a current price of S$0.21 — trading 33.9% below its estimated fair value. The current Return-on-Tangible-Asset is -4.74%. TIH's overall GF Score™ is 28/100. 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 TIH (SGX:T55), the current Return-on-Tangible-Asset is -4.74% 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 TIH (SGX:T55) Overvalued in 2026?
Based on GuruFocus' analysis, TIH stock appears to be undervalued.
The current stock price of S$0.21 is trading 33.9% below its estimated GF Value™ of S$0.31.
GuruFocus considers TIH to be Significantly Undervalued.
Key valuation signals for SGX:T55:
Return-on-Tangible-Asset: -4.74%
GF Value™: S$0.31 vs. price of S$0.21 (33.9% below fair value)
No single metric tells the full story. See the SGX:T55 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TIH Ltd is a Singapore-based private equity fund company. It has invested in a wide variety of sectors, including Consumer & Industrial Products, Healthcare, Technology, Media & Telecommunications, Food, Manufacturing, and Chemicals, with a key focus on Asia. The company has two business segments: the Investment Business segment, which relates to the private equity business that invests for capital appreciation in growing private companies predominantly located in Asia, and the Fund Management segment, which provides fund management, consultancy, advisory, and related services. It generates the majority of its revenue from the Investment Business segment.
28GF Score
Get the complete analysis for SGX:T55
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SGX:T55 has been successfully added to your 
