Lum Chang HoldingsSGX:L19 54 ROA % is 3.51% as of Dec. 2025, which is 40% above its 10-year median of 2.50. GuruFocus rates SGX:L19 with a GF Score™ of 54/100 and a GF Value™ of S$0.35 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,779 Construction companies, Lum Chang Holdings ranks better than 64.02% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Lum Chang Holdings's annualizedNet Income for the quarter that ended in Dec. 2025 was S$14.5 Mil.
Lum Chang Holdings's average Total Assets over the quarter that ended in Dec. 2025 was S$414.1 Mil. Therefore, Lum Chang Holdings's annualized ROA % for the quarter that ended in Dec. 2025 was 3.51%.
The historical rank and industry rank for Lum Chang Holdings's ROA % or its related term are showing as below:
SGX:L19'
s ROA % Range Over the Past 10 Years
Min: -6.36 Med: 2.5 Max: 5.47
Current: 4.65
During the past 13 years, Lum Chang Holdings's highest ROA % was 5.47%. The lowest was -6.36%. And the median was 2.50%.
SGX:L19's ROA % is ranked better than 64.02% of 1779
companies
in the Construction industry
Industry Median: 2.8
vs SGX:L19: 4.65
Lum Chang Holdings (SGX:L19) 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.
Lum Chang Holdings ROA % Related Terms
Lum Chang Holdings ROA % Historical Data
* Premium members only.
The historical data trend for Lum Chang Holdings'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, Lum Chang Holdings'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.
Lum Chang Holdings ROA % vs Construction Industry
For the Construction industry and Industrials sector, Lum Chang Holdings's ROA % distribution charts can be found below:
* The bar in red indicates where Lum Chang Holdings'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.
Lum Chang Holdings (SGX:L19) has a ROA % of 3.51% 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 Lum Chang Holdings and its competitors. This is 40% above median its historical median of 2.50. According to the industry distribution chart, Lum Chang Holdings ranks #640 out of 1779 companies in the Construction industry, placing it in the top 36%.
Is Lum Chang Holdings' ROA % too high?
Lum Chang Holdings' current ROA % of 3.51% is 40% above median its 10-year median of 2.50. The Construction industry median ROA % is 2.80. Lum Chang Holdings' value of 3.51% is 25.4% above this industry median. Based on the distribution chart, Lum Chang Holdings ranks #640 out of 1779 companies in the Construction industry, which is above the industry midpoint. Overall, Lum Chang Holdings has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lum Chang Holdings' ROA % compare to PWR and FIX?
According to the Construction industry distribution chart, Lum Chang Holdings ranks #640 out of 1779 companies for ROA %. This puts Lum Chang Holdings in the upper half of its industry. The industry median ROA % is 2.80. Lum Chang Holdings' value of 3.51% is 25.4% above this benchmark. While the company's 10-year median is 2.50 vs. the industry median of 2.80, 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 ROA % for a Construction company?
The median ROA % among Construction companies is 2.80, based on 1,779 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. Lum Chang Holdings's current ROA % of 3.51% is 25.4% 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 Lum Chang Holdings 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. Lum Chang Holdings's current ROA % is 3.51%, which is 40% above median its own 10-year median of 2.50. 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$0.51 — trading 45.7% above its estimated fair value. The current ROA % is 3.51%, which is 40% above median its 10-year median of 2.50 and 25.4% above the Construction industry median of 2.80. Lum Chang Holdings' overall GF Score™ is 54/100 with 5 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 Lum Chang Holdings (SGX:L19), the current ROA % is 3.51% 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$0.51 is trading 45.7% above its estimated GF Value™ of S$0.35.
GuruFocus considers Lum Chang Holdings to be Significantly Overvalued.
Key valuation signals for SGX:L19:
ROA %: 3.51% (40% above median its 10-year median of 2.50)
GF Value™: S$0.35 vs. price of S$0.51 (45.7% above fair value)
Industry Position: 25.4% above the Construction median (#640 of 1779)
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.
54GF Score
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