Amcorp Global (SGX:S9B) ROA %: -0.21% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Amcorp Global ROA %?

Amcorp Global SGX:S9B ROA % is -0.21% as of Mar. 2026. The stock has 3 warning signs investors should review. Among 1,800 Real Estate companies, Amcorp Global ranks worse than 73.44% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Amcorp Global's annualized Net Income for the quarter that ended in Mar. 2026 was S$-0.21 Mil. Amcorp Global's average Total Assets over the quarter that ended in Mar. 2026 was S$99.15 Mil. Therefore, Amcorp Global's annualized ROA % for the quarter that ended in Mar. 2026 was -0.21%.

The historical rank and industry rank for Amcorp Global's ROA % or its related term are showing as below:

SGX:S9B' s ROA % Range Over the Past 10 Years
Min: -8.38   Med: -0.9   Max: 2.13
Current: -1.03

During the past 13 years, Amcorp Global's highest ROA % was 2.13%. The lowest was -8.38%. And the median was -0.90%.

SGX:S9B's ROA % is ranked worse than
73.44% of 1800 companies
in the Real Estate industry
Industry Median: 1.675 vs SGX:S9B: -1.03

Amcorp Global  (SGX:S9B) 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 bank’s 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:

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=-0.208/99.1485
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.208 / 6.976)*(6.976 / 99.1485)
=Net Margin %*Asset Turnover
=-2.98 %*0.0704
=-0.21 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (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.


Amcorp Global ROA % Related Terms


Amcorp Global ROA % Historical Data

* Premium members only.

The historical data trend for Amcorp Global'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.

Amcorp Global ROA % Chart

Amcorp Global Annual Data
Trend May16 May17 May18 May19 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.53 0.29 -8.38 1.66 -1.02

Amcorp Global Semi-Annual Data
May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
ROA % 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 -16.40 -4.10 8.70 -1.86 -0.21

Amcorp Global ROA % Competitor Comparison

For the Real Estate - Development subindustry, Amcorp Global'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.


Amcorp Global ROA % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Amcorp Global's ROA % distribution charts can be found below:

* The bar in red indicates where Amcorp Global's ROA % falls into.



Amcorp Global ROA % Calculation

Amcorp Global's annualized ROA % for the fiscal year that ended in Mar. 2026 is calculated as:

ROA %=Net Income (A: Mar. 2026 )/( (Total Assets (A: Mar. 2025 )+Total Assets (A: Mar. 2026 ))/ count )
=-1.025/( (99.984+100.074)/ 2 )
=-1.025/100.029
=-1.02 %

Amcorp Global's annualized ROA % for the quarter that ended in Mar. 2026 is calculated as:

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Sep. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=-0.208/( (98.223+100.074)/ 2 )
=-0.208/99.1485
=-0.21 %

* 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 (Mar. 2026) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of -0.21% mean?
Amcorp Global (SGX:S9B) has a ROA % of -0.21% 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 Amcorp Global and its competitors. According to the industry distribution chart, Amcorp Global ranks #1322 out of 1800 companies in the Real Estate industry, placing it in the top 73.4%.
Is Amcorp Global's ROA % too high?
Amcorp Global's current ROA % is -0.21%. Based on the distribution chart, Amcorp Global ranks #1322 out of 1800 companies in the Real Estate industry, which is below the industry midpoint.
How does Amcorp Global's ROA % compare to competitors?
According to the Real Estate industry distribution chart, Amcorp Global ranks #1322 out of 1800 companies for ROA %. This places Amcorp Global in the lower half of its industry. The industry median ROA % is 1.68. 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 Real Estate company?
The median ROA % among Real Estate companies is 1.68, based on 1,800 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. 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 Amcorp Global and its competitors. For the Real Estate industry, the median ROA % is 1.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Amcorp Global's current ROA % is -0.21%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Amcorp Global stock overvalued right now?
Based on GuruFocus' analysis, Amcorp Global (SGX:S9B) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.01, compared to a current price of S$0.10 — trading 850% above its estimated fair value. The current ROA % is -0.21%. 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 Amcorp Global (SGX:S9B), the current ROA % is -0.21% 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.

Amcorp Global Business Description

Address 11 Sam Leong Road, No 03-06, TRIO, Singapore, SGP, 207903
Amcorp Global Ltd is a real estate development company. The company is engaged in the business of engineering, real estate, and infrastructure. It owns residential, commercial, and industrial projects in Singapore. The group is organized into business units based on its products and services and operates in a single-segment Property development. The property division segment involves the development and sale of development properties. Its geographical segments include Singapore, Vietnam, and Malaysia, out of which the majority of its revenue comes from Malaysia.