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Ever Glory United HoldingsSGX:ZKX +1.20%67 Return-on-Tangible-Asset is 15.11% as of Jun. 2026, which is 14% below its 10-year median of 17.62. GuruFocus rates SGX:ZKX with a GF Score™ of 67/100 and a GF Value™ of S$0.79 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,787 Construction companies, Ever Glory United Holdings ranks better than 96.31% 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. Ever Glory United Holdings's annualizedNet Income for the quarter that ended in Jun. 2026 was S$25.3 Mil. Ever Glory United Holdings's average total tangible assets for the quarter that ended in Jun. 2026 was S$167.6 Mil. Therefore, Ever Glory United Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 15.11%.
The historical rank and industry rank for Ever Glory United Holdings's Return-on-Tangible-Asset or its related term are showing as below:
SGX:ZKX'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 6.81 Med: 17.62 Max: 36.23
Current: 19.21
During the past 6 years, Ever Glory United Holdings's highest Return-on-Tangible-Asset was 36.23%. The lowest was 6.81%. And the median was 17.62%.
SGX:ZKX's Return-on-Tangible-Asset is ranked better than 96.31% of 1787
companies
in the Construction industry
Industry Median: 3.08
vs SGX:ZKX: 19.21
Ever Glory United Holdings (SGX:ZKX) 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.
Ever Glory United Holdings Return-on-Tangible-Asset Related Terms
Ever Glory United Holdings Return-on-Tangible-Asset Historical Data
* 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.
Ever Glory United Holdings Return-on-Tangible-Asset Chart
SGX:ZKX vs PWR, FIX, EME: Return-on-Tangible-Asset Comparison
For the Engineering & Construction subindustry, Ever Glory United 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.
Ever Glory United Holdings Return-on-Tangible-Asset vs Construction Industry
For the Construction industry and Industrials sector, Ever Glory United Holdings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Ever Glory United 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 15.11% mean?
Ever Glory United Holdings (SGX:ZKX) has a Return-on-Tangible-Asset of 15.11% 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 Ever Glory United Holdings and its competitors. This is 14% below median its historical median of 17.62. Over the past decade, Ever Glory United Holdings' Return-on-Tangible-Asset has ranged from 6.81 to 36.23. According to the industry distribution chart, Ever Glory United Holdings ranks #66 out of 1787 companies in the Construction industry, placing it in the top 3.7%.
Is Ever Glory United Holdings' Return-on-Tangible-Asset too high?
Ever Glory United Holdings' current Return-on-Tangible-Asset of 15.11% is 14% below median its 10-year median of 17.62. Over the past 10 years, this metric has ranged from a low of 6.81 to a high of 36.23. The Construction industry median Return-on-Tangible-Asset is 3.08. Ever Glory United Holdings' value of 15.11% is 390.6% above this industry median. Based on the distribution chart, Ever Glory United Holdings ranks #66 out of 1787 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Ever Glory United Holdings has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ever Glory United Holdings' Return-on-Tangible-Asset compare to PWR and FIX?
According to the Construction industry distribution chart, Ever Glory United Holdings ranks #66 out of 1787 companies for Return-on-Tangible-Asset. This places Ever Glory United Holdings in the top 4% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.08. Ever Glory United Holdings' value of 15.11% is 390.6% above this benchmark. Historically, Ever Glory United Holdings' own Return-on-Tangible-Asset has ranged from 6.81 to 36.23 over the past decade. While the company's 10-year median is 17.62 vs. the industry median of 3.08, Ever Glory United 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 3.08, based on 1,787 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. Ever Glory United Holdings's current Return-on-Tangible-Asset of 15.11% is 390.6% 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 Ever Glory United Holdings and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ever Glory United Holdings's current Return-on-Tangible-Asset is 15.11%, which is 14% below median its own 10-year median of 17.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ever Glory United Holdings stock overvalued right now?
Based on GuruFocus' analysis, Ever Glory United Holdings (SGX:ZKX) is currently considered Fairly Valued. The stock's GF Value™ is S$0.79, compared to a current price of S$0.84 — trading 6.3% above its estimated fair value. The current Return-on-Tangible-Asset is 15.11%, which is 14% below median its 10-year median of 17.62 and 390.6% above the Construction industry median of 3.08. Ever Glory United Holdings' overall GF Score™ is 67/100 with 5 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 Ever Glory United Holdings (SGX:ZKX), the current Return-on-Tangible-Asset is 15.11% 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 Ever Glory United Holdings (SGX:ZKX) Overvalued in 2026?
Based on GuruFocus' analysis, Ever Glory United Holdings stock appears to be overvalued.
The current stock price of S$0.84 is trading 6.3% above its estimated GF Value™ of S$0.79.
GuruFocus considers Ever Glory United Holdings to be Fairly Valued.
Key valuation signals for SGX:ZKX:
Return-on-Tangible-Asset: 15.11% (14% below median its 10-year median of 17.62)
GF Value™: S$0.79 vs. price of S$0.84 (6.3% above fair value)
Industry Position: 390.6% above the Construction median (#66 of 1787)
No single metric tells the full story. See the SGX:ZKX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ever Glory United Holdings Ltd is a Singapore-based investment holding company. Along with its subsidiaries, it mainly provides M&E engineering services, which include the supply and installation of air-conditioning and mechanical ventilation (ACMV) systems, electrical engineering systems, fire alarms and fire protection (FP) systems and plumbing, sanitary and gas (PSG) systems, the provision of integrated building services (IBS) etc. These services are offered in private and public sector projects. The Group is organised into two business segments as follows: M&E engineering services encompassing construction contracts, maintenance, and car park services; and the Property development segment relating to the development of properties. Geographically, it mainly operates in Singapore.
67GF Score
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