Union Gas Holdings (SGX:1F2) Return-on-Tangible-Equity: 16.48% (As of Dec. 2025) — 35% Below Median

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SGX:1F2 Union Gas Holdings Ltd SGX:1F2
57 GF Score
Price S$0.40
GF Value S$0.39
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Union Gas Holdings Return-on-Tangible-Equity?

Union Gas Holdings SGX:1F2 57 Return-on-Tangible-Equity is 16.48% as of Dec. 2025, which is 35% below its 10-year median of 25.17. GuruFocus rates SGX:1F2 with a GF Score™ of 57/100 and a GF Value™ of S$0.39 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,065 Retail - Cyclical companies, Union Gas Holdings ranks better than 63.1% 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. Union Gas Holdings's annualized net income for the quarter that ended in Dec. 2025 was S$12.4 Mil. Union Gas Holdings's average shareholder tangible equity for the quarter that ended in Dec. 2025 was S$75.0 Mil. Therefore, Union Gas Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 16.48%.

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

SGX:1F2' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 9.69   Med: 25.17   Max: 58.69
Current: 14.08

During the past 12 years, Union Gas Holdings's highest Return-on-Tangible-Equity was 58.69%. The lowest was 9.69%. And the median was 25.17%.

SGX:1F2's Return-on-Tangible-Equity is ranked better than
63.1% of 1065 companies
in the Retail - Cyclical industry
Industry Median: 8.45 vs SGX:1F2: 14.08

Union Gas Holdings  (SGX:1F2) 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.


Union Gas Holdings Return-on-Tangible-Equity Related Terms


Union Gas Holdings Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Union Gas Holdings'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.

Union Gas Holdings Return-on-Tangible-Equity Chart

Union Gas Holdings 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 26.47 9.69 20.17 17.80 14.06

Union Gas Holdings 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 20.36 15.36 20.16 11.68 16.48

SGX:1F2 vs CASY, WSM, ULTA: Return-on-Tangible-Equity Comparison

For the Specialty Retail subindustry, Union Gas Holdings'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.


Union Gas Holdings Return-on-Tangible-Equity vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Union Gas Holdings's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Union Gas Holdings's Return-on-Tangible-Equity falls into.


SGX:1F2
57GF Score
Union Gas Holdings Ltd SGX:1F2
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Union Gas Holdings Return-on-Tangible-Equity Calculation

Union Gas Holdings'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 )
=10.536/( (74.547+75.286 )/ 2 )
=10.536/74.9165
=14.06 %

Union Gas Holdings'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 )
=12.356/( (74.655+75.286)/ 2 )
=12.356/74.9705
=16.48 %

* 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 16.48% mean?
Union Gas Holdings (SGX:1F2) has a Return-on-Tangible-Equity of 16.48% 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 Union Gas Holdings and its competitors. This is 35% below median its historical median of 25.17. Over the past decade, Union Gas Holdings' Return-on-Tangible-Equity has ranged from 9.69 to 58.69. According to the industry distribution chart, Union Gas Holdings ranks #393 out of 1065 companies in the Retail - Cyclical industry, placing it in the top 36.9%.
Is Union Gas Holdings' Return-on-Tangible-Equity too high?
Union Gas Holdings' current Return-on-Tangible-Equity of 16.48% is 35% below median its 10-year median of 25.17. Over the past 10 years, this metric has ranged from a low of 9.69 to a high of 58.69. The Retail - Cyclical industry median Return-on-Tangible-Equity is 8.45. Union Gas Holdings' value of 16.48% is 95% above this industry median. Based on the distribution chart, Union Gas Holdings ranks #393 out of 1065 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Union Gas Holdings has a GF Score™ of 57/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Union Gas Holdings' Return-on-Tangible-Equity compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Union Gas Holdings ranks #393 out of 1065 companies for Return-on-Tangible-Equity. This puts Union Gas Holdings in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.45. Union Gas Holdings' value of 16.48% is 95% above this benchmark. Historically, Union Gas Holdings' own Return-on-Tangible-Equity has ranged from 9.69 to 58.69 over the past decade. While the company's 10-year median is 25.17 vs. the industry median of 8.45, Union Gas 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-Equity for a Retail - Cyclical company?
The median Return-on-Tangible-Equity among Retail - Cyclical companies is 8.45, based on 1,065 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. Union Gas Holdings's current Return-on-Tangible-Equity of 16.48% is 95% 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-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 Union Gas Holdings and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Equity is 8.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Union Gas Holdings's current Return-on-Tangible-Equity is 16.48%, which is 35% below median its own 10-year median of 25.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Union Gas Holdings stock overvalued right now?
Based on GuruFocus' analysis, Union Gas Holdings (SGX:1F2) is currently considered Fairly Valued. The stock's GF Value™ is S$0.39, compared to a current price of S$0.40 — trading 2.6% above its estimated fair value. The current Return-on-Tangible-Equity is 16.48%, which is 35% below median its 10-year median of 25.17 and 95% above the Retail - Cyclical industry median of 8.45. Union Gas Holdings' overall GF Score™ is 57/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Union Gas Holdings (SGX:1F2), the current Return-on-Tangible-Equity is 16.48% 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.

Is Union Gas Holdings (SGX:1F2) Overvalued in 2026?

Based on GuruFocus' analysis, Union Gas Holdings stock appears to be overvalued. The current stock price of S$0.40 is trading 2.6% above its estimated GF Value™ of S$0.39. GuruFocus considers Union Gas Holdings to be Fairly Valued.

Key valuation signals for SGX:1F2:

  • Return-on-Tangible-Equity: 16.48% (35% below median its 10-year median of 25.17)
  • GF Value™: S$0.39 vs. price of S$0.40 (2.6% above fair value)
  • GF Score™: 57/100 with 4 warning signs
  • Industry Position: 95% above the Retail - Cyclical median (#393 of 1065)

No single metric tells the full story. See the SGX:1F2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Union Gas Holdings Business Description

Address 89 Defu Lane 10, Union Gas House, Singapore, SGP, 539220
Union Gas Holdings Ltd is engaged in the retailing of LPG, CNG, and diesel. It mainly sells bottled LPG cylinders in Singapore. The company also sells and distributes diesel to retail customers at its fuel station, as well as transports, distributes and bulk sells diesel to commercial and industrial customers. The operating segments of the company are: Gas Fuel; Liquid Fuel; and Others. It derives majority of revenue from Gas Fuel Segment. Geographically, it operates in Singapore, which derives maximum revenue; and Indonesia. Its services include: Residential LPG, Commercial LPG, Diesel, Petrol, Natural gas, Compressed natural gas, Piped natural gas, and Electric vehicle charger.
57GF Score

Get the complete analysis for SGX:1F2

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

S$0.40
Price
S$0.39
GF Value