Hiap Hoe (SGX:5JK) Return-on-Tangible-Equity: 4.54% (As of Jun. 2026) — 140% Above Median

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SGX:5JK Hiap Hoe Ltd SGX:5JK
45 GF Score
Price S$0.60
GF Value S$0.67
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Hiap Hoe Return-on-Tangible-Equity?

Hiap Hoe SGX:5JK 45 Return-on-Tangible-Equity is 4.54% as of Jun. 2026, which is 140% above its 10-year median of 1.89. GuruFocus rates SGX:5JK with a GF Score™ of 45/100 and a GF Value™ of S$0.67 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 795 Travel & Leisure companies, Hiap Hoe ranks worse than 54.21% 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. Hiap Hoe's annualized net income for the quarter that ended in Jun. 2026 was S$34.2 Mil. Hiap Hoe's average shareholder tangible equity for the quarter that ended in Jun. 2026 was S$752.5 Mil. Therefore, Hiap Hoe's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 4.54%.

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

SGX:5JK' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -4.87   Med: 1.89   Max: 10.71
Current: 5.68

During the past 13 years, Hiap Hoe's highest Return-on-Tangible-Equity was 10.71%. The lowest was -4.87%. And the median was 1.89%.

SGX:5JK's Return-on-Tangible-Equity is ranked worse than
54.21% of 795 companies
in the Travel & Leisure industry
Industry Median: 7.34 vs SGX:5JK: 5.68

Hiap Hoe  (SGX:5JK) 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.


Hiap Hoe Return-on-Tangible-Equity Related Terms


Hiap Hoe Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Hiap Hoe'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.

Hiap Hoe Return-on-Tangible-Equity Chart

Hiap Hoe 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 2.85 -2.99 0.77 0.92 4.16

Hiap Hoe Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 0.27 1.56 1.50 6.85 4.54

SGX:5JK vs MAR, HLT, H: Return-on-Tangible-Equity Comparison

For the Lodging subindustry, Hiap Hoe'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.


Hiap Hoe Return-on-Tangible-Equity vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Hiap Hoe's Return-on-Tangible-Equity distribution charts can be found below:

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


SGX:5JK
45GF Score
Hiap Hoe Ltd SGX:5JK
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hiap Hoe Return-on-Tangible-Equity Calculation

Hiap Hoe'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 )
=30.371/( (715.12+744.018 )/ 2 )
=30.371/729.569
=4.16 %

Hiap Hoe's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2026 )  (Q: Dec. 2025 )(Q: Jun. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Dec. 2025 )(Q: Jun. 2026 )
=34.19/( (744.018+760.959)/ 2 )
=34.19/752.4885
=4.54 %

* 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 (Jun. 2026) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 4.54% mean?
Hiap Hoe (SGX:5JK) has a Return-on-Tangible-Equity of 4.54% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Hiap Hoe and its competitors. This is 140% above median its historical median of 1.89. According to the industry distribution chart, Hiap Hoe ranks #431 out of 795 companies in the Travel & Leisure industry, placing it in the top 54.2%.
Is Hiap Hoe's Return-on-Tangible-Equity too high?
Hiap Hoe's current Return-on-Tangible-Equity of 4.54% is 140% above median its 10-year median of 1.89. The Travel & Leisure industry median Return-on-Tangible-Equity is 7.34. Hiap Hoe's value of 4.54% is 38.1% below this industry median. Based on the distribution chart, Hiap Hoe ranks #431 out of 795 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Hiap Hoe has a GF Score™ of 45/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hiap Hoe's Return-on-Tangible-Equity compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Hiap Hoe ranks #431 out of 795 companies for Return-on-Tangible-Equity. This places Hiap Hoe in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.34. Hiap Hoe's value of 4.54% is 38.1% below this benchmark. While the company's 10-year median is 1.89 vs. the industry median of 7.34, Hiap Hoe 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 Travel & Leisure company?
The median Return-on-Tangible-Equity among Travel & Leisure companies is 7.34, based on 795 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. Hiap Hoe's current Return-on-Tangible-Equity of 4.54% is 38.1% 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 Hiap Hoe and its competitors. For the Travel & Leisure industry, the median Return-on-Tangible-Equity is 7.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hiap Hoe's current Return-on-Tangible-Equity is 4.54%, which is 140% above median its own 10-year median of 1.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hiap Hoe stock overvalued right now?
Based on GuruFocus' analysis, Hiap Hoe (SGX:5JK) is currently considered Modestly Undervalued. The stock's GF Value™ is S$0.67, compared to a current price of S$0.60 — trading 11.2% below its estimated fair value. The current Return-on-Tangible-Equity is 4.54%, which is 140% above median its 10-year median of 1.89 and 38.1% below the Travel & Leisure industry median of 7.34. Hiap Hoe's overall GF Score™ is 45/100 with 6 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 Hiap Hoe (SGX:5JK), the current Return-on-Tangible-Equity is 4.54% 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 Hiap Hoe (SGX:5JK) Overvalued in 2026?

Based on GuruFocus' analysis, Hiap Hoe stock appears to be undervalued. The current stock price of S$0.60 is trading 11.2% below its estimated GF Value™ of S$0.67. GuruFocus considers Hiap Hoe to be Modestly Undervalued.

Key valuation signals for SGX:5JK:

  • Return-on-Tangible-Equity: 4.54% (140% above median its 10-year median of 1.89)
  • GF Value™: S$0.67 vs. price of S$0.60 (11.2% below fair value)
  • GF Score™: 45/100 with 6 warning signs
  • Industry Position: 38.1% below the Travel & Leisure median (#431 of 795)

No single metric tells the full story. See the SGX:5JK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hiap Hoe Business Description

Address 18 Ah Hood Road, No. 13-51, Hiap Hoe Building At Zhongshan Park, Singapore, SGP, 329983
Hiap Hoe Ltd is a regional real estate group. It has the following reportable operating segments -The rental segment is in the business of renting of space under the investment properties and property, plant and equipment. The leisure segment is in the business of providing leisure and recreational facilities. The hotel operations segment is operated under the brand names of Aloft Singapore Novena, Holiday Inn Express Trafford City, Aloft Perth and Great Eastern Motor Lodge. The other investments portfolio consists of a mix of quoted and unquoted investments. The others segment is involved in Group-level corporate services and treasury functions. The company has operations in Singapore which generates key revenue, Australia, and the United Kingdom.
45GF Score

Get the complete analysis for SGX:5JK

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

S$0.60
Price
S$0.67
GF Value