Singapore Technologies EngineeringSGGKF 69 ROC (Joel Greenblatt) % is 20.76% as of Dec. 2025, which is 42% below its 10-year median of 35.81. GuruFocus rates SGGKF with a GF Score™ of 69/100 and a GF Value™ of $3.95 (Significantly Overvalued). The stock has 12 warning signs investors should review. Among 357 Aerospace & Defense companies, Singapore Technologies Engineering ranks better than 74.79% on this metric.
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. Singapore Technologies Engineering's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 20.76%.
The historical rank and industry rank for Singapore Technologies Engineering's ROC (Joel Greenblatt) % or its related term are showing as below:
SGGKF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 25.48 Med: 35.81 Max: 39.92
Current: 31.75
During the past 13 years, Singapore Technologies Engineering's highest ROC (Joel Greenblatt) % was 39.92%. The lowest was 25.48%. And the median was 35.81%.
SGGKF's ROC (Joel Greenblatt) % is ranked better than 74.79% of 357
companies
in the Aerospace & Defense industry
Industry Median: 10.76
vs SGGKF: 31.75
The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.
* 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.
SGGKF vs SPCX, GE, RTX: ROC (Joel Greenblatt) % Comparison
For the Aerospace & Defense subindustry, Singapore Technologies Engineering's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % 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.
Singapore Technologies Engineering ROC (Joel Greenblatt) % vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Singapore Technologies Engineering's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Singapore Technologies Engineering's ROC (Joel Greenblatt) % falls into.
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:
EBIT stands for Earnings Before Interest and Taxes.
Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.
GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.
Note:
The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT 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.
What does a ROC (Joel Greenblatt) % of 20.76% mean?
Singapore Technologies Engineering (SGGKF) has a ROC (Joel Greenblatt) % of 20.76% as of Dec. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Singapore Technologies Engineering and its competitors. This is 42% below median its historical median of 35.81. Over the past decade, Singapore Technologies Engineering's ROC (Joel Greenblatt) % has ranged from 25.48 to 39.92. According to the industry distribution chart, Singapore Technologies Engineering ranks #90 out of 357 companies in the Aerospace & Defense industry, placing it in the top 25.2%.
Is Singapore Technologies Engineering's ROC (Joel Greenblatt) % too high?
Singapore Technologies Engineering's current ROC (Joel Greenblatt) % of 20.76% is 42% below median its 10-year median of 35.81. Over the past 10 years, this metric has ranged from a low of 25.48 to a high of 39.92. The Aerospace & Defense industry median ROC (Joel Greenblatt) % is 10.76. Singapore Technologies Engineering's value of 20.76% is 92.9% above this industry median. Based on the distribution chart, Singapore Technologies Engineering ranks #90 out of 357 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, Singapore Technologies Engineering has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Singapore Technologies Engineering's ROC (Joel Greenblatt) % compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Singapore Technologies Engineering ranks #90 out of 357 companies for ROC (Joel Greenblatt) %. This puts Singapore Technologies Engineering in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 10.76. Singapore Technologies Engineering's value of 20.76% is 92.9% above this benchmark. Historically, Singapore Technologies Engineering's own ROC (Joel Greenblatt) % has ranged from 25.48 to 39.92 over the past decade. While the company's 10-year median is 35.81 vs. the industry median of 10.76, Singapore Technologies Engineering 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 ROC (Joel Greenblatt) % for an Aerospace & Defense company?
The median ROC (Joel Greenblatt) % among Aerospace & Defense companies is 10.76, based on 357 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Singapore Technologies Engineering's current ROC (Joel Greenblatt) % of 20.76% is 92.9% 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 ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Singapore Technologies Engineering and its competitors. For the Aerospace & Defense industry, the median ROC (Joel Greenblatt) % is 10.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Singapore Technologies Engineering's current ROC (Joel Greenblatt) % is 20.76%, which is 42% below median its own 10-year median of 35.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Singapore Technologies Engineering stock overvalued right now?
Based on GuruFocus' analysis, Singapore Technologies Engineering (SGGKF) is currently considered Significantly Overvalued. The stock's GF Value™ is $3.95, compared to a current price of $8.32 — trading 110.6% above its estimated fair value. The current ROC (Joel Greenblatt) % is 20.76%, which is 42% below median its 10-year median of 35.81 and 92.9% above the Aerospace & Defense industry median of 10.76. Singapore Technologies Engineering's overall GF Score™ is 69/100 with 12 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For Singapore Technologies Engineering (SGGKF), the current ROC (Joel Greenblatt) % is 20.76% 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 Singapore Technologies Engineering (SGGKF) Overvalued in 2026?
Based on GuruFocus' analysis, Singapore Technologies Engineering stock appears to be overvalued.
The current stock price of $8.32 is trading 110.6% above its estimated GF Value™ of $3.95.
GuruFocus considers Singapore Technologies Engineering to be Significantly Overvalued.
Key valuation signals for SGGKF:
ROC (Joel Greenblatt) %: 20.76% (42% below median its 10-year median of 35.81)
GF Value™: $3.95 vs. price of $8.32 (110.6% above fair value)
Industry Position: 92.9% above the Aerospace & Defense median (#90 of 357)
No single metric tells the full story. See the SGGKF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Singapore Technologies Engineering Business Description
ST Engineering is a Singaporean government-linked commercial and defense engineering group. Its key businesses include aircraft maintenance, repair and overhaul services, in which it is the world's largest independent third-party provider. The company's fastest-growing activities involve applications to defense and smart city solutions where it provides tolling solutions, traffic control systems, command and control dashboards, cybersecurity tools, and other related components. Around two thirds of the company's revenue comes from commercial clients while the remainder is defense.
69GF Score
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