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Lum Chang HoldingsSGX:L19 55 Return-on-Tangible-Equity is 8.45% as of Dec. 2025, which is 27% above its 10-year median of 6.63. GuruFocus rates SGX:L19 with a GF Score™ of 55/100 and a GF Value™ of S$0.35 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,713 Construction companies, Lum Chang Holdings ranks better than 60.13% 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. Lum Chang Holdings's annualized net income for the quarter that ended in Dec. 2025 was S$14.5 Mil. Lum Chang Holdings's average shareholder tangible equity for the quarter that ended in Dec. 2025 was S$171.8 Mil. Therefore, Lum Chang Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 8.45%.
The historical rank and industry rank for Lum Chang Holdings's Return-on-Tangible-Equity or its related term are showing as below:
SGX:L19'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -15.34 Med: 6.63 Max: 13.99
Current: 11.44
During the past 13 years, Lum Chang Holdings's highest Return-on-Tangible-Equity was 13.99%. The lowest was -15.34%. And the median was 6.63%.
SGX:L19's Return-on-Tangible-Equity is ranked better than 60.13% of 1713
companies
in the Construction industry
Industry Median: 8.19
vs SGX:L19: 11.44
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.
Lum Chang Holdings Return-on-Tangible-Equity Related Terms
Lum Chang Holdings Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Lum Chang 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.
SGX:L19 vs PWR, FIX, EME: Return-on-Tangible-Equity Comparison
For the Engineering & Construction subindustry, Lum Chang 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.
Lum Chang Holdings Return-on-Tangible-Equity vs Construction Industry
For the Construction industry and Industrials sector, Lum Chang Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Lum Chang 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 8.45% mean?
Lum Chang Holdings (SGX:L19) has a Return-on-Tangible-Equity of 8.45% 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 Lum Chang Holdings and its competitors. This is 27% above median its historical median of 6.63. According to the industry distribution chart, Lum Chang Holdings ranks #683 out of 1713 companies in the Construction industry, placing it in the top 39.9%.
Is Lum Chang Holdings' Return-on-Tangible-Equity too high?
Lum Chang Holdings' current Return-on-Tangible-Equity of 8.45% is 27% above median its 10-year median of 6.63. The Construction industry median Return-on-Tangible-Equity is 8.19. Lum Chang Holdings' value of 8.45% is 3.2% above this industry median. Based on the distribution chart, Lum Chang Holdings ranks #683 out of 1713 companies in the Construction industry, which is above the industry midpoint. Overall, Lum Chang Holdings has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lum Chang Holdings' Return-on-Tangible-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Lum Chang Holdings ranks #683 out of 1713 companies for Return-on-Tangible-Equity. This puts Lum Chang Holdings in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.19. Lum Chang Holdings' value of 8.45% is 3.2% above this benchmark. While the company's 10-year median is 6.63 vs. the industry median of 8.19, Lum Chang 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 Construction company?
The median Return-on-Tangible-Equity among Construction companies is 8.19, based on 1,713 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. Lum Chang Holdings's current Return-on-Tangible-Equity of 8.45% is 3.2% 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 Lum Chang Holdings and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lum Chang Holdings's current Return-on-Tangible-Equity is 8.45%, which is 27% above median its own 10-year median of 6.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lum Chang Holdings stock overvalued right now?
Based on GuruFocus' analysis, Lum Chang Holdings (SGX:L19) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.35, compared to a current price of S$0.50 — trading 42.9% above its estimated fair value. The current Return-on-Tangible-Equity is 8.45%, which is 27% above median its 10-year median of 6.63 and 3.2% above the Construction industry median of 8.19. Lum Chang Holdings' overall GF Score™ is 55/100 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 Lum Chang Holdings (SGX:L19), the current Return-on-Tangible-Equity is 8.45% 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 Lum Chang Holdings (SGX:L19) Overvalued in 2026?
Based on GuruFocus' analysis, Lum Chang Holdings stock appears to be overvalued.
The current stock price of S$0.50 is trading 42.9% above its estimated GF Value™ of S$0.35.
GuruFocus considers Lum Chang Holdings to be Significantly Overvalued.
Key valuation signals for SGX:L19:
Return-on-Tangible-Equity: 8.45% (27% above median its 10-year median of 6.63)
GF Value™: S$0.35 vs. price of S$0.50 (42.9% above fair value)
Industry Position: 3.2% above the Construction median (#683 of 1713)
No single metric tells the full story. See the SGX:L19 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lum Chang Holdings Ltd is a construction company operating through four segments: Construction; Restoration & Interior Fit-Out; Property Development and Investment; and Investment Holding & Others. The Construction segment, which contributes the majority of the revenue, focuses on building construction, extensions, additions, alterations, refurbishment, and restoration. The Restoration & Interior Fit-Out segment offers niche restoration works, interior fit-outs, and addition and alteration (A&A) projects. The Property Development and Investment segment develops and holds properties for sale and investment, while the Investment Holding & Others segment manages group investments and provides management services.
55GF 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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