Union Gas Holdings (SGX:1F2) ROC (Joel Greenblatt) %: 33.28% (As of Jun. 2026) — 20% Below Median

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SGX:1F2 Union Gas Holdings Ltd SGX:1F2
58 GF Score
Price S$0.48
GF Value S$0.52
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Union Gas Holdings ROC (Joel Greenblatt) %?

Union Gas Holdings SGX:1F2 58 ROC (Joel Greenblatt) % is 33.28% as of Jun. 2026, which is 20% below its 10-year median of 41.64. GuruFocus rates SGX:1F2 with a GF Score™ of 58/100 and a GF Value™ of S$0.52 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,131 Retail - Cyclical companies, Union Gas Holdings ranks better than 71.35% 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. Union Gas Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 33.28%.

The historical rank and industry rank for Union Gas Holdings's ROC (Joel Greenblatt) % or its related term are showing as below:

SGX:1F2' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 8.88   Med: 41.64   Max: 105.98
Current: 25.06

During the past 12 years, Union Gas Holdings's highest ROC (Joel Greenblatt) % was 105.98%. The lowest was 8.88%. And the median was 41.64%.

SGX:1F2's ROC (Joel Greenblatt) % is ranked better than
71.35% of 1131 companies
in the Retail - Cyclical industry
Industry Median: 11.72 vs SGX:1F2: 25.06

Union Gas Holdings's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -25.30% per year.


Union Gas Holdings  (SGX:1F2) ROC (Joel Greenblatt) % Explanation

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.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


Union Gas Holdings ROC (Joel Greenblatt) % Related Terms


Union Gas Holdings ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Union Gas Holdings's ROC (Joel Greenblatt) % 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.

Union Gas Holdings ROC (Joel Greenblatt) % Chart

Union Gas Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.42 8.88 21.23 21.18 16.22

Union Gas Holdings Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
ROC (Joel Greenblatt) % 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 17.85 23.45 14.33 16.72 33.28

SGX:1F2 vs CASY, WSM, ULTA: ROC (Joel Greenblatt) % Comparison

For the Specialty Retail subindustry, Union Gas Holdings'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.


Union Gas Holdings ROC (Joel Greenblatt) % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Union Gas Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Union Gas Holdings's ROC (Joel Greenblatt) % falls into.


SGX:1F2
58GF Score
Union Gas Holdings Ltd SGX:1F2
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Union Gas Holdings ROC (Joel Greenblatt) % Calculation

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:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

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.

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(32.425 + 2.947 + 16.159) - (38.268 + 0 + 3.053)
=10.21

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(32.653 + 3.813 + 17.241) - (45.508 + 0 + 0.835)
=7.364

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Union Gas Holdings for the quarter that ended in Jun. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=31.084/( ( (86.169 + max(10.21, 0)) + (83.087 + max(7.364, 0)) )/ 2 )
=31.084/( ( 96.379 + 90.451 )/ 2 )
=31.084/93.415
=33.28 %

Note: The EBIT data used here is two times the semi-annual (Jun. 2026) 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 33.28% mean?
Union Gas Holdings (SGX:1F2) has a ROC (Joel Greenblatt) % of 33.28% as of Jun. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Union Gas Holdings and its competitors. This is 20% below median its historical median of 41.64. Over the past decade, Union Gas Holdings' ROC (Joel Greenblatt) % has ranged from 8.88 to 105.98. According to the industry distribution chart, Union Gas Holdings ranks #324 out of 1131 companies in the Retail - Cyclical industry, placing it in the top 28.6%.
Is Union Gas Holdings' ROC (Joel Greenblatt) % too high?
Union Gas Holdings' current ROC (Joel Greenblatt) % of 33.28% is 20% below median its 10-year median of 41.64. Over the past 10 years, this metric has ranged from a low of 8.88 to a high of 105.98. The Retail - Cyclical industry median ROC (Joel Greenblatt) % is 11.72. Union Gas Holdings' value of 33.28% is 184% above this industry median. Based on the distribution chart, Union Gas Holdings ranks #324 out of 1131 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Union Gas Holdings has a GF Score™ of 58/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Union Gas Holdings' ROC (Joel Greenblatt) % compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Union Gas Holdings ranks #324 out of 1131 companies for ROC (Joel Greenblatt) %. This puts Union Gas Holdings in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 11.72. Union Gas Holdings' value of 33.28% is 184% above this benchmark. Historically, Union Gas Holdings' own ROC (Joel Greenblatt) % has ranged from 8.88 to 105.98 over the past decade. While the company's 10-year median is 41.64 vs. the industry median of 11.72, Union Gas 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 ROC (Joel Greenblatt) % for a Retail - Cyclical company?
The median ROC (Joel Greenblatt) % among Retail - Cyclical companies is 11.72, based on 1,131 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. Union Gas Holdings's current ROC (Joel Greenblatt) % of 33.28% is 184% 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 Union Gas Holdings and its competitors. For the Retail - Cyclical industry, the median ROC (Joel Greenblatt) % is 11.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Union Gas Holdings's current ROC (Joel Greenblatt) % is 33.28%, which is 20% below median its own 10-year median of 41.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Union Gas Holdings stock overvalued right now?
Based on GuruFocus' analysis, Union Gas Holdings (SGX:1F2) is currently considered Fairly Valued. The stock's GF Value™ is S$0.52, compared to a current price of S$0.48 — trading 7.7% below its estimated fair value. The current ROC (Joel Greenblatt) % is 33.28%, which is 20% below median its 10-year median of 41.64 and 184% above the Retail - Cyclical industry median of 11.72. Union Gas Holdings' overall GF Score™ is 58/100 with 7 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 Union Gas Holdings (SGX:1F2), the current ROC (Joel Greenblatt) % is 33.28% as of Jun. 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.

Is Union Gas Holdings (SGX:1F2) Overvalued in 2026?

Based on GuruFocus' analysis, Union Gas Holdings stock appears to be undervalued. The current stock price of S$0.48 is trading 7.7% below its estimated GF Value™ of S$0.52. GuruFocus considers Union Gas Holdings to be Fairly Valued.

Key valuation signals for SGX:1F2:

  • ROC (Joel Greenblatt) %: 33.28% (20% below median its 10-year median of 41.64)
  • GF Value™: S$0.52 vs. price of S$0.48 (7.7% below fair value)
  • GF Score™: 58/100 with 7 warning signs
  • Industry Position: 184% above the Retail - Cyclical median (#324 of 1131)

No single metric tells the full story. See the SGX:1F2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Union Gas Holdings Business Description

Address 89 Defu Lane 10, Union Gas House, Singapore, SGP, 539220
Union Gas Holdings Ltd is engaged in the retailing of LPG, CNG, and diesel. It mainly sells bottled LPG cylinders in Singapore. The company also sells and distributes diesel to retail customers at its fuel station, as well as transports, distributes and bulk sells diesel to commercial and industrial customers. The operating segments of the company are: Gas Fuel; Liquid Fuel; and Others. It derives majority of revenue from Gas Fuel Segment. Geographically, it operates in Singapore, which derives maximum revenue; and Indonesia. Its services include: Residential LPG, Commercial LPG, Diesel, Petrol, Natural gas, Compressed natural gas, Piped natural gas, and Electric vehicle charger.
58GF Score

Get the complete analysis for SGX:1F2

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

S$0.48
Price
S$0.52
GF Value