ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Alpina Holdings's annualizedNet Income for the quarter that ended in Jun. 2025 was S$5.30 Mil.
Alpina Holdings's average Total Assets over the quarter that ended in Jun. 2025 was S$82.58 Mil. Therefore, Alpina Holdings's annualized ROA % for the quarter that ended in Jun. 2025 was 6.42%.
The historical rank and industry rank for Alpina Holdings's ROA % or its related term are showing as below:
SGX:ZXY'
s ROA % Range Over the Past 10 Years
Min: -0.4 Med: 10.9 Max: 26.57
Current: 5.17
During the past 7 years, Alpina Holdings's highest ROA % was 26.57%. The lowest was -0.40%. And the median was 10.90%.
SGX:ZXY's ROA % is not ranked
in the Construction industry.
Industry Median: 2.8
vs SGX:ZXY: 5.17
Alpina Holdings (SGX:ZXY) 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 (Jun. 2025) net income data. The Revenue data used here is two times the semi-annual (Jun. 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.
Alpina Holdings ROA % Related Terms
Alpina Holdings ROA % Historical Data
* Premium members only.
The historical data trend for Alpina 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, Alpina 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.
Alpina Holdings ROA % vs Construction Industry
For the Construction industry and Industrials sector, Alpina Holdings's ROA % distribution charts can be found below:
* The bar in red indicates where Alpina 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 (Jun. 2025) net income data.
ROA % is displayed in the 30-year financial page.
Alpina Holdings (SGX:ZXY) has a ROA % of 6.42% as of Jun. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Alpina Holdings and its competitors. This is 41% below median its historical median of 10.90.
Is Alpina Holdings' ROA % too high?
Alpina Holdings' current ROA % of 6.42% is 41% below median its 10-year median of 10.90. The Construction industry median ROA % is 2.80. Alpina Holdings' value of 6.42% is 129.3% above this industry median. Overall, Alpina Holdings has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Alpina Holdings' ROA % compare to PWR and FIX?
Alpina Holdings' ROA % of 6.42% can be compared against companies in the Construction industry. The industry median ROA % is 2.80. Alpina Holdings' value of 6.42% is 129.3% above this benchmark. While the company's 10-year median is 10.90 vs. the industry median of 2.80, Alpina 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. Alpina Holdings's current ROA % of 6.42% is 129.3% 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 Alpina 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. Alpina Holdings's current ROA % is 6.42%, which is 41% below median its own 10-year median of 10.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alpina Holdings stock overvalued right now?
Alpina Holdings (SGX:ZXY) has a current ROA % of 6.42%. The stock's GF Value™ is S$0.35, compared to a current price of S$0.37 — trading 5.7% above its estimated fair value. The current ROA % is 6.42%, which is 41% below median its 10-year median of 10.90 and 129.3% above the Construction industry median of 2.80. Alpina Holdings' overall GF Score™ is 40/100 with 10 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 Alpina Holdings (SGX:ZXY), the current ROA % is 6.42% as of Jun. 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 Alpina Holdings (SGX:ZXY) Overvalued in 2026?
Based on GuruFocus' analysis, Alpina Holdings stock appears to be overvalued.
The current stock price of S$0.37 is trading 5.7% above its estimated GF Value™ of S$0.35.
Key valuation signals for SGX:ZXY:
ROA %: 6.42% (41% below median its 10-year median of 10.90)
GF Value™: S$0.35 vs. price of S$0.37 (5.7% above fair value)
Industry Position: 129.3% above the Construction median
No single metric tells the full story. See the SGX:ZXY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Alpina Holdings Ltd is an established Singapore-based contractor that specializes in providing Integrated Building Services (IBS), Mechanical and Electrical (M&E) engineering services, Alteration and Addition (A&A), and Rental income from investment property (RI). The group provides IBS and M&E engineering services mainly as the main contractor and provides A&A works as a subcontractor. The majority of revenue is derived from the IBS segment.
40GF Score
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