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MSM InternationalSGX:51O +40.00%40 Return-on-Tangible-Equity is -7.51% as of Mar. 2026. GuruFocus rates SGX:51O with a GF Score™ of 40/100 and a GF Value™ of S$0.20 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 422 Furnishings, Fixtures & Appliances companies, MSM International ranks worse than 70.14% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. MSM International's annualized net income for the quarter that ended in Mar. 2026 was S$-1.04 Mil. MSM International's average shareholder tangible equity for the quarter that ended in Mar. 2026 was S$13.85 Mil. Therefore, MSM International's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -7.51%.
The historical rank and industry rank for MSM International's Return-on-Tangible-Equity or its related term are showing as below:
SGX:51O'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -30.87 Med: 0.75 Max: 30.23
Current: -0.15
During the past 13 years, MSM International's highest Return-on-Tangible-Equity was 30.23%. The lowest was -30.87%. And the median was 0.75%.
SGX:51O's Return-on-Tangible-Equity is ranked worse than 70.14% of 422
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 5.12
vs SGX:51O: -0.15
MSM International (SGX:51O) 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.
MSM International Return-on-Tangible-Equity Related Terms
MSM International Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for MSM International'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.
SGX:51O vs SN, SGI, MHK: Return-on-Tangible-Equity Comparison
For the Furnishings, Fixtures & Appliances subindustry, MSM International'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.
MSM International Return-on-Tangible-Equity vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, MSM International's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where MSM International's Return-on-Tangible-Equity 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-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 (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -7.51% mean?
MSM International (SGX:51O) has a Return-on-Tangible-Equity of -7.51% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on MSM International and its competitors. According to the industry distribution chart, MSM International ranks #296 out of 422 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 70.1%.
Is MSM International's Return-on-Tangible-Equity too high?
MSM International's current Return-on-Tangible-Equity is -7.51%. Based on the distribution chart, MSM International ranks #296 out of 422 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, MSM International has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MSM International's Return-on-Tangible-Equity compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, MSM International ranks #296 out of 422 companies for Return-on-Tangible-Equity. This places MSM International in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.12. 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 Furnishings, Fixtures & Appliances company?
The median Return-on-Tangible-Equity among Furnishings, Fixtures & Appliances companies is 5.12, based on 422 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. 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 MSM International and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Return-on-Tangible-Equity is 5.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MSM International's current Return-on-Tangible-Equity is -7.51%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MSM International stock overvalued right now?
Based on GuruFocus' analysis, MSM International (SGX:51O) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.20, compared to a current price of S$0.28 — trading 40% above its estimated fair value. The current Return-on-Tangible-Equity is -7.51%. MSM International's overall GF Score™ is 40/100 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 MSM International (SGX:51O), the current Return-on-Tangible-Equity is -7.51% 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.
Is MSM International (SGX:51O) Overvalued in 2026?
Based on GuruFocus' analysis, MSM International stock appears to be overvalued.
The current stock price of S$0.28 is trading 40% above its estimated GF Value™ of S$0.20.
GuruFocus considers MSM International to be Significantly Overvalued.
Key valuation signals for SGX:51O:
Return-on-Tangible-Equity: -7.51%
GF Value™: S$0.20 vs. price of S$0.28 (40% above fair value)
No single metric tells the full story. See the SGX:51O stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MSM International Ltd is an integrated metal engineering company. The company offers a comprehensive suite of services spanning design, product development, prototyping, tool and die fabrication, production, and assembly. Its business activities are segmented into three segments: OEM contract manufacturing, Kitchen appliances, equipment, and related services, and cleanrooms and laboratories. Maximum revenue for the company is generated from its OEM contract manufacturing segment. Geographically, it operates in markets like Malaysia, which is its key revenue-generating market, Singapore, Indonesia, and other countries.
40GF Score
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Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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