Hor KewSGX:BBP -3.74%48 ROA % is 5.03% as of Dec. 2025, which is 441% above its 10-year median of 0.93. GuruFocus rates SGX:BBP with a GF Score™ of 48/100 and a GF Value™ of S$0.32 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,776 Construction companies, Hor Kew ranks better than 67.29% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Hor Kew's annualizedNet Income for the quarter that ended in Dec. 2025 was S$9.72 Mil.
Hor Kew's average Total Assets over the quarter that ended in Dec. 2025 was S$193.20 Mil. Therefore, Hor Kew's annualized ROA % for the quarter that ended in Dec. 2025 was 5.03%.
The historical rank and industry rank for Hor Kew's ROA % or its related term are showing as below:
SGX:BBP'
s ROA % Range Over the Past 10 Years
Min: -18.17 Med: 0.93 Max: 8.77
Current: 5.11
During the past 13 years, Hor Kew's highest ROA % was 8.77%. The lowest was -18.17%. And the median was 0.93%.
SGX:BBP's ROA % is ranked better than 67.29% of 1776
companies
in the Construction industry
Industry Median: 2.8
vs SGX:BBP: 5.11
Hor Kew (SGX:BBP) 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 two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) 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.
Hor Kew ROA % Related Terms
Hor Kew ROA % Historical Data
* Premium members only.
The historical data trend for Hor Kew'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 Engineering & Construction subindustry, Hor Kew'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.
Hor Kew ROA % vs Construction Industry
For the Construction industry and Industrials sector, Hor Kew's ROA % distribution charts can be found below:
* The bar in red indicates where Hor Kew'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 two times the semi-annual (Dec. 2025) net income data.
ROA % is displayed in the 30-year financial page.
Hor Kew (SGX:BBP) has a ROA % of 5.03% as of Dec. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Hor Kew and its competitors. This is 441% above median its historical median of 0.93. According to the industry distribution chart, Hor Kew ranks #581 out of 1776 companies in the Construction industry, placing it in the top 32.7%.
Is Hor Kew's ROA % too high?
Hor Kew's current ROA % of 5.03% is 441% above median its 10-year median of 0.93. The Construction industry median ROA % is 2.80. Hor Kew's value of 5.03% is 79.6% above this industry median. Based on the distribution chart, Hor Kew ranks #581 out of 1776 companies in the Construction industry, which is above the industry midpoint. Overall, Hor Kew has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hor Kew's ROA % compare to PWR and FIX?
According to the Construction industry distribution chart, Hor Kew ranks #581 out of 1776 companies for ROA %. This puts Hor Kew in the upper half of its industry. The industry median ROA % is 2.80. Hor Kew's value of 5.03% is 79.6% above this benchmark. While the company's 10-year median is 0.93 vs. the industry median of 2.80, Hor Kew 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 a Construction company?
The median ROA % among Construction companies is 2.80, based on 1,776 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. Hor Kew's current ROA % of 5.03% is 79.6% 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 Hor Kew and its competitors. For the Construction industry, the median ROA % is 2.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hor Kew's current ROA % is 5.03%, which is 441% above median its own 10-year median of 0.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hor Kew stock overvalued right now?
Based on GuruFocus' analysis, Hor Kew (SGX:BBP) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.32, compared to a current price of S$1.03 — trading 221.9% above its estimated fair value. The current ROA % is 5.03%, which is 441% above median its 10-year median of 0.93 and 79.6% above the Construction industry median of 2.80. Hor Kew's overall GF Score™ is 48/100 with 4 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 Hor Kew (SGX:BBP), the current ROA % is 5.03% 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 Hor Kew (SGX:BBP) Overvalued in 2026?
Based on GuruFocus' analysis, Hor Kew stock appears to be overvalued.
The current stock price of S$1.03 is trading 221.9% above its estimated GF Value™ of S$0.32.
GuruFocus considers Hor Kew to be Significantly Overvalued.
Key valuation signals for SGX:BBP:
ROA %: 5.03% (441% above median its 10-year median of 0.93)
GF Value™: S$0.32 vs. price of S$1.03 (221.9% above fair value)
Industry Position: 79.6% above the Construction median (#581 of 1776)
No single metric tells the full story. See the SGX:BBP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hor Kew Corp Ltd is a building construction company that provides construction-related products and services. The company manufactures and supplies prestressed and reinforced concrete building components and prefinished architectural precast components. Its segments include Property investment and development segment that is engaged in the development, sales and leasing of residential, commercial and industrial properties; Prefabrication segment that derives maximum revenue, is engaged in design, manufacture and sales of prestressed and reinforced concrete building components as well as prefabricated architectural metal components and Others segment comprises mainly the Group level corporate services and treasury functions.
48GF Score
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