Assembly Place Holdings (SGX:TAP) ROA %: 12.92% (As of Dec. 2025) — 157% Above Median

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SGX:TAP Assembly Place Holdings Ltd SGX:TAP
12 GF Score
Price S$0.22
! 3 Warning Signs
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What is Assembly Place Holdings ROA %?

Assembly Place Holdings SGX:TAP 12 ROA % is 12.92% as of Dec. 2025, which is 157% above its 10-year median of 5.02. GuruFocus rates SGX:TAP with a GF Score™ of 12/100. The stock has 3 warning signs investors should review. Among 1,800 Real Estate companies, Assembly Place Holdings ranks better than 91.22% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. 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 Total Assets over the quarter that ended in Dec. 2025 was S$83.22 Mil. Therefore, Assembly Place Holdings's annualized ROA % for the quarter that ended in Dec. 2025 was 12.92%.

The historical rank and industry rank for Assembly Place Holdings's ROA % or its related term are showing as below:

SGX:TAP' s ROA % Range Over the Past 10 Years
Min: -3.12   Med: 5.02   Max: 13.8
Current: 8.91

During the past 4 years, Assembly Place Holdings's highest ROA % was 13.80%. The lowest was -3.12%. And the median was 5.02%.

SGX:TAP's ROA % is ranked better than
91.22% of 1800 companies
in the Real Estate industry
Industry Median: 1.705 vs SGX:TAP: 8.91

Assembly Place Holdings  (SGX:TAP) 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: Dec. 2025 )
=Net Income/Total Assets
=10.756/83.2245
=(Net Income / Revenue)*(Revenue / Total Assets)
=(10.756 / 30.65)*(30.65 / 83.2245)
=Net Margin %*Asset Turnover
=35.09 %*0.3683
=12.92 %

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.


Assembly Place Holdings ROA % Related Terms


Assembly Place Holdings ROA % Historical Data

* Premium members only.

The historical data trend for Assembly Place 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.

Assembly Place Holdings ROA % Chart

Assembly Place Holdings Annual Data
Trend Dec22 Dec23 Dec24 Dec25
ROA %
1.41 -3.12 13.80 8.63

Assembly Place Holdings Semi-Annual Data
Dec22 Dec23 Jun24 Dec24 Jun25 Dec25
ROA % Get a 7-Day Free Trial 0.00 2.11 20.79 3.94 12.92

SGX:TAP vs CBRE, BEKE, JLL: ROA % Comparison

For the Real Estate Services subindustry, Assembly Place 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.


Assembly Place Holdings ROA % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Assembly Place Holdings's ROA % distribution charts can be found below:

* The bar in red indicates where Assembly Place Holdings's ROA % falls into.


SGX:TAP
12GF Score
Assembly Place Holdings Ltd SGX:TAP
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Assembly Place Holdings ROA % Calculation

Assembly Place Holdings's annualized ROA % for the fiscal year that ended in Dec. 2025 is calculated as:

ROA %=Net Income (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=6.618/( (56.43+96.877)/ 2 )
=6.618/76.6535
=8.63 %

Assembly Place Holdings's annualized ROA % for the quarter that ended in Dec. 2025 is calculated as:

ROA %=Net Income (Q: Dec. 2025 )/( (Total Assets (Q: Jun. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=10.756/( (69.572+96.877)/ 2 )
=10.756/83.2245
=12.92 %

* 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.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 12.92% mean?
Assembly Place Holdings (SGX:TAP) has a ROA % of 12.92% 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 Assembly Place Holdings and its competitors. This is 157% above median its historical median of 5.02. According to the industry distribution chart, Assembly Place Holdings ranks #158 out of 1800 companies in the Real Estate industry, placing it in the top 8.8%.
Is Assembly Place Holdings' ROA % too high?
Assembly Place Holdings' current ROA % of 12.92% is 157% above median its 10-year median of 5.02. The Real Estate industry median ROA % is 1.71. Assembly Place Holdings' value of 12.92% is 657.8% above this industry median. Based on the distribution chart, Assembly Place Holdings ranks #158 out of 1800 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' ROA % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Assembly Place Holdings ranks #158 out of 1800 companies for ROA %. This places Assembly Place Holdings in the top 9% of its industry — outperforming the majority of peers. The industry median ROA % is 1.71. Assembly Place Holdings' value of 12.92% is 657.8% above this benchmark. While the company's 10-year median is 5.02 vs. the industry median of 1.71, 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 ROA % for a Real Estate company?
The median ROA % among Real Estate companies is 1.71, 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. Assembly Place Holdings's current ROA % of 12.92% is 657.8% 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 Assembly Place Holdings and its competitors. For the Real Estate industry, the median ROA % is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Assembly Place Holdings's current ROA % is 12.92%, which is 157% above median its own 10-year median of 5.02. 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 ROA % of 12.92%. The current ROA % is 12.92%, which is 157% above median its 10-year median of 5.02 and 657.8% above the Real Estate industry median of 1.71. 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 ROA % calculated?
ROA % is calculated from a company's financial statements. For Assembly Place Holdings (SGX:TAP), the current ROA % is 12.92% 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 Business Description

Address 51 Middle Road, No. 06-01 FM Building, Singapore, SGP, 188959
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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