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Nam CheongSGX:1MZ +2.75%56 ROA % is 21.61% as of Mar. 2026, which is 99% above its 10-year median of 10.88. GuruFocus rates SGX:1MZ with a GF Score™ of 56/100 and a GF Value™ of S$0.21 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 359 Aerospace & Defense companies, Nam Cheong ranks better than 98.05% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Nam Cheong's annualizedNet Income for the quarter that ended in Mar. 2026 was S$102.3 Mil.
Nam Cheong's average Total Assets over the quarter that ended in Mar. 2026 was S$473.3 Mil. Therefore, Nam Cheong's annualized ROA % for the quarter that ended in Mar. 2026 was 21.61%.
The historical rank and industry rank for Nam Cheong's ROA % or its related term are showing as below:
SGX:1MZ'
s ROA % Range Over the Past 10 Years
Min: -118.13 Med: 10.88 Max: 97.42
Current: 24.85
During the past 13 years, Nam Cheong's highest ROA % was 97.42%. The lowest was -118.13%. And the median was 10.88%.
SGX:1MZ's ROA % is ranked better than 98.05% of 359
companies
in the Aerospace & Defense industry
Industry Median: 2.46
vs SGX:1MZ: 24.85
Nam Cheong (SGX:1MZ) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue 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.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
Nam Cheong ROA % Related Terms
Nam Cheong ROA % Historical Data
* Premium members only.
The historical data trend for Nam Cheong's ROA % 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.
For the Aerospace & Defense subindustry, Nam Cheong's ROA %, along with its competitors' market caps and ROA % 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.
Nam Cheong ROA % vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Nam Cheong's ROA % distribution charts can be found below:
* The bar in red indicates where Nam Cheong's ROA % 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 ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Nam Cheong (SGX:1MZ) has a ROA % of 21.61% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Nam Cheong and its competitors. This is 99% above median its historical median of 10.88. According to the industry distribution chart, Nam Cheong ranks #7 out of 359 companies in the Aerospace & Defense industry, placing it in the top 1.9%.
Is Nam Cheong's ROA % too high?
Nam Cheong's current ROA % of 21.61% is 99% above median its 10-year median of 10.88. The Aerospace & Defense industry median ROA % is 2.46. Nam Cheong's value of 21.61% is 778.5% above this industry median. Based on the distribution chart, Nam Cheong ranks #7 out of 359 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position relative to peers. Overall, Nam Cheong has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nam Cheong's ROA % compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Nam Cheong ranks #7 out of 359 companies for ROA %. This places Nam Cheong in the top 2% of its industry — outperforming the majority of peers. The industry median ROA % is 2.46. Nam Cheong's value of 21.61% is 778.5% above this benchmark. While the company's 10-year median is 10.88 vs. the industry median of 2.46, Nam Cheong 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 ROA % for an Aerospace & Defense company?
The median ROA % among Aerospace & Defense companies is 2.46, based on 359 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nam Cheong's current ROA % of 21.61% is 778.5% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Nam Cheong and its competitors. For the Aerospace & Defense industry, the median ROA % is 2.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nam Cheong's current ROA % is 21.61%, which is 99% above median its own 10-year median of 10.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nam Cheong stock overvalued right now?
Based on GuruFocus' analysis, Nam Cheong (SGX:1MZ) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.21, compared to a current price of S$1.12 — trading 433.3% above its estimated fair value. The current ROA % is 21.61%, which is 99% above median its 10-year median of 10.88 and 778.5% above the Aerospace & Defense industry median of 2.46. Nam Cheong's overall GF Score™ is 56/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Nam Cheong (SGX:1MZ), the current ROA % is 21.61% as of Mar. 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.
Is Nam Cheong (SGX:1MZ) Overvalued in 2026?
Based on GuruFocus' analysis, Nam Cheong stock appears to be overvalued.
The current stock price of S$1.12 is trading 433.3% above its estimated GF Value™ of S$0.21.
GuruFocus considers Nam Cheong to be Significantly Overvalued.
Key valuation signals for SGX:1MZ:
ROA %: 21.61% (99% above median its 10-year median of 10.88)
GF Value™: S$0.21 vs. price of S$1.12 (433.3% above fair value)
Industry Position: 778.5% above the Aerospace & Defense median (#7 of 359)
No single metric tells the full story. See the SGX:1MZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nam Cheong Ltd along is an offshore marine group specializing in the building of offshore support vessels. The company's operating segment includes Shipbuilding; Vessel chartering and others. It generates maximum revenue from the Vessel chartering segment. Geographically, it derives a majority of its revenue from Malaysia. Its fleet comprises Anchor Handling Tug Supply (AHTS) vessels, Platform Supply Vessels (PSV), Accommodation Work Barges (AWB), Maintenance Work Vessels (MWV), Safety Supply Vessels (SSV), and landing crafts, and Fast Crew Boat (FCB).
56GF Score
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