Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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.
ST Group Food Industries HoldingsSGX:DRX 51 Return-on-Tangible-Equity is 10.92% as of Dec. 2025, which is 25% above its 10-year median of 8.76. GuruFocus rates SGX:DRX with a GF Score™ of 51/100 and a GF Value™ of S$0.15 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 332 Restaurants companies, ST Group Food Industries Holdings ranks worse than 71.39% on this metric.
The historical rank and industry rank for ST Group Food Industries Holdings's Return-on-Tangible-Equity or its related term are showing as below:
SGX:DRX'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.99 Med: 8.76 Max: 347.56
Current: 0.99
During the past 10 years, ST Group Food Industries Holdings's highest Return-on-Tangible-Equity was 347.56%. The lowest was 0.99%. And the median was 8.76%.
SGX:DRX's Return-on-Tangible-Equity is ranked worse than 71.39% of 332
companies
in the Restaurants industry
Industry Median: 8.725
vs SGX:DRX: 0.99
ST Group Food Industries Holdings (SGX:DRX) 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.
ST Group Food Industries Holdings Return-on-Tangible-Equity Related Terms
ST Group Food Industries Holdings Return-on-Tangible-Equity Historical Data
* 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.
ST Group Food Industries Holdings Return-on-Tangible-Equity Chart
SGX:DRX vs MCD, SBUX, YUM: Return-on-Tangible-Equity Comparison
For the Restaurants subindustry, ST Group Food Industries 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.
ST Group Food Industries Holdings Return-on-Tangible-Equity vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, ST Group Food Industries Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where ST Group Food Industries Holdings'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 (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 10.92% mean?
ST Group Food Industries Holdings (SGX:DRX) has a Return-on-Tangible-Equity of 10.92% 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 ST Group Food Industries Holdings and its competitors. This is 25% above median its historical median of 8.76. Over the past decade, ST Group Food Industries Holdings' Return-on-Tangible-Equity has ranged from 0.99 to 347.56. According to the industry distribution chart, ST Group Food Industries Holdings ranks #237 out of 332 companies in the Restaurants industry, placing it in the top 71.4%.
Is ST Group Food Industries Holdings' Return-on-Tangible-Equity too high?
ST Group Food Industries Holdings' current Return-on-Tangible-Equity of 10.92% is 25% above median its 10-year median of 8.76. Over the past 10 years, this metric has ranged from a low of 0.99 to a high of 347.56. The Restaurants industry median Return-on-Tangible-Equity is 8.73. ST Group Food Industries Holdings' value of 10.92% is 25.2% above this industry median. Based on the distribution chart, ST Group Food Industries Holdings ranks #237 out of 332 companies in the Restaurants industry, which is below the industry midpoint. Overall, ST Group Food Industries Holdings has a GF Score™ of 51/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ST Group Food Industries Holdings' Return-on-Tangible-Equity compare to MCD and SBUX?
According to the Restaurants industry distribution chart, ST Group Food Industries Holdings ranks #237 out of 332 companies for Return-on-Tangible-Equity. This places ST Group Food Industries Holdings in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.73. ST Group Food Industries Holdings' value of 10.92% is 25.2% above this benchmark. Historically, ST Group Food Industries Holdings' own Return-on-Tangible-Equity has ranged from 0.99 to 347.56 over the past decade. While the company's 10-year median is 8.76 vs. the industry median of 8.73, ST Group Food Industries 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 Restaurants company?
The median Return-on-Tangible-Equity among Restaurants companies is 8.73, based on 332 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. ST Group Food Industries Holdings's current Return-on-Tangible-Equity of 10.92% is 25.2% 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 ST Group Food Industries Holdings and its competitors. For the Restaurants industry, the median Return-on-Tangible-Equity is 8.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ST Group Food Industries Holdings's current Return-on-Tangible-Equity is 10.92%, which is 25% above median its own 10-year median of 8.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ST Group Food Industries Holdings stock overvalued right now?
Based on GuruFocus' analysis, ST Group Food Industries Holdings (SGX:DRX) is currently considered Modestly Undervalued. The stock's GF Value™ is S$0.15, compared to a current price of S$0.12 — trading 20% below its estimated fair value. The current Return-on-Tangible-Equity is 10.92%, which is 25% above median its 10-year median of 8.76 and 25.2% above the Restaurants industry median of 8.73. ST Group Food Industries Holdings' overall GF Score™ is 51/100 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 ST Group Food Industries Holdings (SGX:DRX), the current Return-on-Tangible-Equity is 10.92% 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 ST Group Food Industries Holdings (SGX:DRX) Overvalued in 2026?
Based on GuruFocus' analysis, ST Group Food Industries Holdings stock appears to be undervalued.
The current stock price of S$0.12 is trading 20% below its estimated GF Value™ of S$0.15.
GuruFocus considers ST Group Food Industries Holdings to be Modestly Undervalued.
Key valuation signals for SGX:DRX:
Return-on-Tangible-Equity: 10.92% (25% above median its 10-year median of 8.76)
GF Value™: S$0.15 vs. price of S$0.12 (20% below fair value)
Industry Position: 25.2% above the Restaurants median (#237 of 332)
No single metric tells the full story. See the SGX:DRX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ST Group Food Industries Holdings Ltd is an investment holding company. The company's reportable segment includes Food and beverage retails; Supply chain; Franchise and Others. It generates maximum revenue from the Food and beverage retails segment. The food and beverage retails segment includes operations to all franchise and Group-owned restaurants and stores. Its supply chain segment predominantly includes the manufacturing, procurement, and distribution of food, equipment and supplies to restaurants and stores from the group's supply chain center operations in Australia. Geographically, it derives a majority of its revenue from Australia and also has a presence in New Zealand, and the United Kingdom.
51GF Score
Get the complete analysis for SGX:DRX
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SGX:DRX has been successfully added to your 
