SBSTF (SBS Transit) Return-on-Tangible-Equity: 8.82% (As of Dec. 2025) — 17% Below Median


What is SBS Transit Return-on-Tangible-Equity?

SBS Transit SBSTF 82 Return-on-Tangible-Equity is 8.82% as of Dec. 2025, which is 17% below its 10-year median of 10.64. GuruFocus rates SBSTF with a GF Score™ of 82/100. The stock has 5 warning signs investors should review. Among 975 Transportation companies, SBS Transit ranks worse than 50.67% on this metric.

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. SBS Transit's annualized net income for the quarter that ended in Dec. 2025 was $46.65 Mil. SBS Transit's average shareholder tangible equity for the quarter that ended in Dec. 2025 was $528.72 Mil. Therefore, SBS Transit's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 8.82%.

The historical rank and industry rank for SBS Transit's Return-on-Tangible-Equity or its related term are showing as below:

SBSTF' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 8.29   Med: 10.64   Max: 16.91
Current: 8.83

During the past 13 years, SBS Transit's highest Return-on-Tangible-Equity was 16.91%. The lowest was 8.29%. And the median was 10.64%.

SBSTF's Return-on-Tangible-Equity is ranked worse than
50.67% of 975 companies
in the Transportation industry
Industry Median: 9 vs SBSTF: 8.83

SBS Transit  (OTCPK:SBSTF) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


SBS Transit Return-on-Tangible-Equity Related Terms


SBS Transit Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for SBS Transit's Return-on-Tangible-Equity 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.

SBS Transit Return-on-Tangible-Equity Chart

SBS Transit Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.59 10.95 10.47 9.97 8.94

SBS Transit Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.24 9.68 10.32 9.13 8.82

SBSTF vs UNP, CSX, NSC: Return-on-Tangible-Equity Comparison

For the Railroads subindustry, SBS Transit's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.


SBS Transit Return-on-Tangible-Equity vs Transportation Industry

For the Transportation industry and Industrials sector, SBS Transit's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where SBS Transit's Return-on-Tangible-Equity falls into.



SBS Transit Return-on-Tangible-Equity Calculation

SBS Transit's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=47.413/( (532.786+528.284 )/ 2 )
=47.413/530.535
=8.94 %

SBS Transit's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=46.648/( (529.16+528.284)/ 2 )
=46.648/528.722
=8.82 %

* 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is two times the semi-annual (Dec. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 8.82% mean?
SBS Transit (SBSTF) has a Return-on-Tangible-Equity of 8.82% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on SBS Transit and its competitors. This is 17% below median its historical median of 10.64. Over the past decade, SBS Transit's Return-on-Tangible-Equity has ranged from 8.29 to 16.91. According to the industry distribution chart, SBS Transit ranks #494 out of 975 companies in the Transportation industry, placing it in the top 50.7%.
Is SBS Transit's Return-on-Tangible-Equity too high?
SBS Transit's current Return-on-Tangible-Equity of 8.82% is 17% below median its 10-year median of 10.64. Over the past 10 years, this metric has ranged from a low of 8.29 to a high of 16.91. The Transportation industry median Return-on-Tangible-Equity is 9.00. SBS Transit's value of 8.82% is 2% below this industry median. Based on the distribution chart, SBS Transit ranks #494 out of 975 companies in the Transportation industry, which is below the industry midpoint. Overall, SBS Transit has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does SBS Transit's Return-on-Tangible-Equity compare to UNP and CSX?
According to the Transportation industry distribution chart, SBS Transit ranks #494 out of 975 companies for Return-on-Tangible-Equity. This places SBS Transit in the lower half of its industry. The industry median Return-on-Tangible-Equity is 9.00. SBS Transit's value of 8.82% is 2% below this benchmark. Historically, SBS Transit's own Return-on-Tangible-Equity has ranged from 8.29 to 16.91 over the past decade. While the company's 10-year median is 10.64 vs. the industry median of 9.00, SBS Transit has consistently been below 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-Equity for a Transportation company?
The median Return-on-Tangible-Equity among Transportation companies is 9.00, based on 975 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SBS Transit's current Return-on-Tangible-Equity of 8.82% is 2% below 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on SBS Transit and its competitors. For the Transportation industry, the median Return-on-Tangible-Equity is 9.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SBS Transit's current Return-on-Tangible-Equity is 8.82%, which is 17% below median its own 10-year median of 10.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SBS Transit stock overvalued right now?
SBS Transit (SBSTF) has a current Return-on-Tangible-Equity of 8.82%. The current Return-on-Tangible-Equity is 8.82%, which is 17% below median its 10-year median of 10.64 and 2% below the Transportation industry median of 9.00. SBS Transit's overall GF Score™ is 82/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For SBS Transit (SBSTF), the current Return-on-Tangible-Equity is 8.82% as of Dec. 2025. 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.

SBS Transit Business Description

Other Exchanges S61:Singapore
Address 91 Sengkang East Avenue, Singapore, SGP, 545072
SBS Transit Ltd is engaged in providing public transport services and consultancy services relating to land transport. The provision of public transport services includes the operation of public buses and rail transit systems in Singapore. The company's operating segments are Public Transport Services and Other Commercial Services. The Public Transport Services include income generated from the provision of bus and rail services to commuters traveling on public transport systems. The Other Commercial Services include income generated from advertisements on buses and trains, and rental collection from commercial and shop space at bus interchanges and rail stations. The majority of the company's revenue is generated from the Public Transport Services segment.