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Assembly Place HoldingsSGX:TAP 12 Return-on-Tangible-Equity is 49.52% as of Dec. 2025, which is 143% above its 10-year median of 20.39. GuruFocus rates SGX:TAP with a GF Score™ of 12/100. The stock has 3 warning signs investors should review. Among 1,714 Real Estate companies, Assembly Place Holdings ranks better than 94.57% 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. Assembly Place Holdings's annualized net income for the quarter that ended in Dec. 2025 was S$10.76 Mil. Assembly Place Holdings's average shareholder tangible equity for the quarter that ended in Dec. 2025 was S$21.72 Mil. Therefore, Assembly Place Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 49.52%.
The historical rank and industry rank for Assembly Place Holdings's Return-on-Tangible-Equity or its related term are showing as below:
SGX:TAP'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -14.19 Med: 20.39 Max: 70.07
Current: 35.84
During the past 4 years, Assembly Place Holdings's highest Return-on-Tangible-Equity was 70.07%. The lowest was -14.19%. And the median was 20.39%.
SGX:TAP's Return-on-Tangible-Equity is ranked better than 94.57% of 1714
companies
in the Real Estate industry
Industry Median: 4.27
vs SGX:TAP: 35.84
Assembly Place Holdings (SGX:TAP) 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.
Assembly Place Holdings Return-on-Tangible-Equity Related Terms
Assembly Place Holdings Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Assembly Place 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.
Assembly Place Holdings Return-on-Tangible-Equity Chart
SGX:TAP vs CBRE, BEKE, JLL: Return-on-Tangible-Equity Comparison
For the Real Estate Services subindustry, Assembly Place 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.
Assembly Place Holdings Return-on-Tangible-Equity vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Assembly Place Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Assembly Place 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 49.52% mean?
Assembly Place Holdings (SGX:TAP) has a Return-on-Tangible-Equity of 49.52% 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 Assembly Place Holdings and its competitors. This is 143% above median its historical median of 20.39. According to the industry distribution chart, Assembly Place Holdings ranks #93 out of 1714 companies in the Real Estate industry, placing it in the top 5.4%.
Is Assembly Place Holdings' Return-on-Tangible-Equity too high?
Assembly Place Holdings' current Return-on-Tangible-Equity of 49.52% is 143% above median its 10-year median of 20.39. The Real Estate industry median Return-on-Tangible-Equity is 4.27. Assembly Place Holdings' value of 49.52% is 1059.7% above this industry median. Based on the distribution chart, Assembly Place Holdings ranks #93 out of 1714 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Assembly Place Holdings has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Assembly Place Holdings' Return-on-Tangible-Equity compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Assembly Place Holdings ranks #93 out of 1714 companies for Return-on-Tangible-Equity. This places Assembly Place Holdings in the top 5% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 4.27. Assembly Place Holdings' value of 49.52% is 1059.7% above this benchmark. While the company's 10-year median is 20.39 vs. the industry median of 4.27, Assembly Place 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 Real Estate company?
The median Return-on-Tangible-Equity among Real Estate companies is 4.27, based on 1,714 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. Assembly Place Holdings's current Return-on-Tangible-Equity of 49.52% is 1059.7% 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 Assembly Place Holdings and its competitors. For the Real Estate industry, the median Return-on-Tangible-Equity is 4.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Assembly Place Holdings's current Return-on-Tangible-Equity is 49.52%, which is 143% above median its own 10-year median of 20.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Assembly Place Holdings stock overvalued right now?
Assembly Place Holdings (SGX:TAP) has a current Return-on-Tangible-Equity of 49.52%. The current Return-on-Tangible-Equity is 49.52%, which is 143% above median its 10-year median of 20.39 and 1059.7% above the Real Estate industry median of 4.27. Assembly Place Holdings' overall GF Score™ is 12/100 with 3 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 Assembly Place Holdings (SGX:TAP), the current Return-on-Tangible-Equity is 49.52% 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.
Assembly Place Holdings Ltd is an investment holding company. Along with its subsidiaries, the company is engaged in the provision of community-driven living accommodation and property management services. Its business comprises three key segments: Community-driven stays - operates and manages residential and other types of property assets to offer its members community-driven living solutions; Other Property-related Services offer value-added services such as referral services and project management services to property asset owners; and Investments - acquires minority ownership interests in companies that own property assets. It generates the majority of its revenue from the community-driven stays segment. Geographically, it operates only in Singapore.
12GF Score
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