Mun Siong Engineering (SGX:MF6) Return-on-Tangible-Equity: -8.67% (As of Dec. 2025)

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What is Mun Siong Engineering Return-on-Tangible-Equity?

Mun Siong Engineering SGX:MF6 +3.33% Return-on-Tangible-Equity is -8.67% as of Dec. 2025. The stock has 6 warning signs investors should review. Among 1,710 Construction companies, Mun Siong Engineering ranks worse than 87.02% 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. Mun Siong Engineering's annualized net income for the quarter that ended in Dec. 2025 was S$-3.69 Mil. Mun Siong Engineering's average shareholder tangible equity for the quarter that ended in Dec. 2025 was S$42.55 Mil. Therefore, Mun Siong Engineering's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was -8.67%.

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

SGX:MF6' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -12.28   Med: -0.15   Max: 4.68
Current: -12.28

During the past 13 years, Mun Siong Engineering's highest Return-on-Tangible-Equity was 4.68%. The lowest was -12.28%. And the median was -0.15%.

SGX:MF6's Return-on-Tangible-Equity is ranked worse than
87.02% of 1710 companies
in the Construction industry
Industry Median: 8.145 vs SGX:MF6: -12.28

Mun Siong Engineering  (SGX:MF6) 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.


Mun Siong Engineering Return-on-Tangible-Equity Related Terms


Mun Siong Engineering Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Mun Siong Engineering'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.

Mun Siong Engineering Return-on-Tangible-Equity Chart

Mun Siong Engineering 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 1.23 0.67 -5.24 -11.20 -12.20

Mun Siong Engineering Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.24 -6.39 -16.08 -15.77 -8.67

SGX:MF6 vs PWR, FIX, EME: Return-on-Tangible-Equity Comparison

For the Engineering & Construction subindustry, Mun Siong Engineering'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.


Mun Siong Engineering Return-on-Tangible-Equity vs Construction Industry

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

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



Mun Siong Engineering Return-on-Tangible-Equity Calculation

Mun Siong Engineering'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 )
=-5.391/( (46.631+41.755 )/ 2 )
=-5.391/44.193
=-12.20 %

Mun Siong Engineering's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=-3.688/( (43.354+41.755)/ 2 )
=-3.688/42.5545
=-8.67 %

* 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 -8.67% mean?
Mun Siong Engineering (SGX:MF6) has a Return-on-Tangible-Equity of -8.67% 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 Mun Siong Engineering and its competitors. According to the industry distribution chart, Mun Siong Engineering ranks #1488 out of 1710 companies in the Construction industry, placing it in the top 87%.
Is Mun Siong Engineering's Return-on-Tangible-Equity too high?
Mun Siong Engineering's current Return-on-Tangible-Equity is -8.67%. Based on the distribution chart, Mun Siong Engineering ranks #1488 out of 1710 companies in the Construction industry, which is in the bottom quartile relative to peers.
How does Mun Siong Engineering's Return-on-Tangible-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Mun Siong Engineering ranks #1488 out of 1710 companies for Return-on-Tangible-Equity. This places Mun Siong Engineering in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.15. 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 8.15, based on 1,710 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 Mun Siong Engineering and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mun Siong Engineering's current Return-on-Tangible-Equity is -8.67%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mun Siong Engineering stock overvalued right now?
Based on GuruFocus' analysis, Mun Siong Engineering (SGX:MF6) is currently considered Modestly Undervalued. The stock's GF Value™ is S$0.04, compared to a current price of S$0.03 — trading 22.5% below its estimated fair value. The current Return-on-Tangible-Equity is -8.67%. 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 Mun Siong Engineering (SGX:MF6), the current Return-on-Tangible-Equity is -8.67% 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.

Mun Siong Engineering Business Description

Address 26 Gul Way, Singapore, SGP, 629199
Mun Siong Engineering Ltd is engaged in mechanical engineering, provision of specialised services, and investment holding as an integrated engineering solutions provider. The company specializes in turnaround services, turnkey delivery, and EPC (Engineering, Procurement and Construction) projects, serving industries such as oil and gas, petrochemicals, energy, and pharmaceuticals. It offers end-to-end capabilities from engineering design and fabrication to construction and maintenance, and provides services including high pressure water jetting, retubing of heat exchangers, mechanical decoking/air pigging, rotating equipment services, plugging of heat exchangers (Conco Systems), and maintenance and repair of waterous pumps. The company generates the majority of its revenue from Singapore.