Sapphire (SGX:BRD) Return-on-Tangible-Equity: 0.49% (As of Jun. 2026) — 89% Below Median

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Sapphire Return-on-Tangible-Equity?

Sapphire SGX:BRD Return-on-Tangible-Equity is 0.49% as of Jun. 2026, which is 89% below its 10-year median of 4.28. The stock has 3 warning signs investors should review. Among 1,709 Construction companies, Sapphire ranks worse than 73.73% 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. Sapphire's annualized net income for the quarter that ended in Jun. 2026 was S$0.54 Mil. Sapphire's average shareholder tangible equity for the quarter that ended in Jun. 2026 was S$109.20 Mil. Therefore, Sapphire's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 0.49%.

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

SGX:BRD' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.24   Med: 4.28   Max: 12.41
Current: 0.84

During the past 13 years, Sapphire's highest Return-on-Tangible-Equity was 12.41%. The lowest was 0.24%. And the median was 4.28%.

SGX:BRD's Return-on-Tangible-Equity is ranked worse than
73.73% of 1709 companies
in the Construction industry
Industry Median: 8.17 vs SGX:BRD: 0.84

Sapphire  (SGX:BRD) 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.


Sapphire Return-on-Tangible-Equity Related Terms


Sapphire Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Sapphire'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.

Sapphire Return-on-Tangible-Equity Chart

Sapphire 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 4.81 3.67 1.81 0.24 0.84

Sapphire 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 0.65 -0.18 0.48 1.21 0.49

SGX:BRD vs PWR, FIX, EME: Return-on-Tangible-Equity Comparison

For the Engineering & Construction subindustry, Sapphire'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.


Sapphire Return-on-Tangible-Equity vs Construction Industry

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

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



Sapphire Return-on-Tangible-Equity Calculation

Sapphire'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 )
=0.896/( (107.355+107.072 )/ 2 )
=0.896/107.2135
=0.84 %

Sapphire'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 )
=0.538/( (107.072+111.331)/ 2 )
=0.538/109.2015
=0.49 %

* 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 0.49% mean?
Sapphire (SGX:BRD) has a Return-on-Tangible-Equity of 0.49% 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 Sapphire and its competitors. This is 89% below median its historical median of 4.28. Over the past decade, Sapphire's Return-on-Tangible-Equity has ranged from 0.24 to 12.41. According to the industry distribution chart, Sapphire ranks #1260 out of 1709 companies in the Construction industry, placing it in the top 73.7%.
Is Sapphire's Return-on-Tangible-Equity too high?
Sapphire's current Return-on-Tangible-Equity of 0.49% is 89% below median its 10-year median of 4.28. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 12.41. The Construction industry median Return-on-Tangible-Equity is 8.17. Sapphire's value of 0.49% is 94% below this industry median. Based on the distribution chart, Sapphire ranks #1260 out of 1709 companies in the Construction industry, which is below the industry midpoint.
How does Sapphire's Return-on-Tangible-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Sapphire ranks #1260 out of 1709 companies for Return-on-Tangible-Equity. This places Sapphire in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.17. Sapphire's value of 0.49% is 94% below this benchmark. Historically, Sapphire's own Return-on-Tangible-Equity has ranged from 0.24 to 12.41 over the past decade. While the company's 10-year median is 4.28 vs. the industry median of 8.17, Sapphire 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 Construction company?
The median Return-on-Tangible-Equity among Construction companies is 8.17, based on 1,709 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. Sapphire's current Return-on-Tangible-Equity of 0.49% is 94% 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 Sapphire and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sapphire's current Return-on-Tangible-Equity is 0.49%, which is 89% below median its own 10-year median of 4.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sapphire stock overvalued right now?
Based on GuruFocus' analysis, Sapphire (SGX:BRD) is currently considered Possible Value Trap. The stock's GF Value™ is S$0.06, compared to a current price of S$0.04 — trading 30% below its estimated fair value. The current Return-on-Tangible-Equity is 0.49%, which is 89% below median its 10-year median of 4.28 and 94% below the Construction industry median of 8.17. 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 Sapphire (SGX:BRD), the current Return-on-Tangible-Equity is 0.49% 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.

Sapphire Business Description

Address 3 Shenton Way, No. 25-05, Shenton House, Singapore, SGP, 068805
Sapphire Corp Ltd is an is an investment management and holding company. The company derives revenue from Infrastructure segment that includes Rendering of services, and Sale of Goods. Geographically, it generates the majority revenue from China and also has a presence in Singapore & Malaysia. The group sells iron ore and steel building materials for engineering project construction. Under Rendering of services, the company provides property management and leasing of warehouse and equipment, maintenance and supervision based on specifically negotiated contracts with customers.