SING Holdings (SGX:5IC) ROC (Joel Greenblatt) %: 0.20% (As of Jun. 2026) — 97% Below Median

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.

SGX:5IC SING Holdings Ltd SGX:5IC
51 GF Score
Price S$0.40
! 6 Warning Signs
View Full Analysis

What is SING Holdings ROC (Joel Greenblatt) %?

SING Holdings SGX:5IC -2.47% 51 ROC (Joel Greenblatt) % is 0.20% as of Jun. 2026, which is 97% below its 10-year median of 7.15. GuruFocus rates SGX:5IC with a GF Score™ of 51/100. The stock has 6 warning signs investors should review. Among 1,757 Real Estate companies, SING Holdings ranks better than 53.1% 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. SING Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 0.20%.

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

SGX:5IC' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.2   Med: 7.15   Max: 36.8
Current: 15.66

During the past 13 years, SING Holdings's highest ROC (Joel Greenblatt) % was 36.80%. The lowest was 2.20%. And the median was 7.15%.

SGX:5IC's ROC (Joel Greenblatt) % is ranked better than
53.1% of 1757 companies
in the Real Estate industry
Industry Median: 13.16 vs SGX:5IC: 15.66

SING Holdings's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -9.30% per year.


SING Holdings  (SGX:5IC) 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.


SING Holdings ROC (Joel Greenblatt) % Related Terms


SING Holdings ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for SING 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.

SING Holdings ROC (Joel Greenblatt) % Chart

SING 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 6.58 3.27 2.74 2.56 18.52

SING 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 1.26 3.85 2.47 37.18 0.20

SGX:5IC vs CBRE, BEKE, JLL: ROC (Joel Greenblatt) % Comparison

For the Real Estate Services subindustry, SING 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.


SING Holdings ROC (Joel Greenblatt) % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, SING Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:

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


SGX:5IC
51GF Score
SING Holdings Ltd SGX:5IC
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SING 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)
=(1.826 + 1486.535 + 9.4680000000001) - (11.466 + 0 + 29.659)
=1456.704

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.19 + 1507.399 + 0.16800000000012) - (31.893 + 0 + 26.914)
=1448.95

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of SING 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 )
=2.954/( ( (0.684 + max(1456.704, 0)) + (1.878 + max(1448.95, 0)) )/ 2 )
=2.954/( ( 1457.388 + 1450.828 )/ 2 )
=2.954/1454.108
=0.20 %

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 0.20% mean?
SING Holdings (SGX:5IC) has a ROC (Joel Greenblatt) % of 0.20% 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 SING Holdings and its competitors. This is 97% below median its historical median of 7.15. Over the past decade, SING Holdings' ROC (Joel Greenblatt) % has ranged from 2.20 to 36.80. According to the industry distribution chart, SING Holdings ranks #824 out of 1757 companies in the Real Estate industry, placing it in the top 46.9%.
Is SING Holdings' ROC (Joel Greenblatt) % too high?
SING Holdings' current ROC (Joel Greenblatt) % of 0.20% is 97% below median its 10-year median of 7.15. Over the past 10 years, this metric has ranged from a low of 2.20 to a high of 36.80. The Real Estate industry median ROC (Joel Greenblatt) % is 13.16. SING Holdings' value of 0.20% is 98.5% below this industry median. Based on the distribution chart, SING Holdings ranks #824 out of 1757 companies in the Real Estate industry, which is above the industry midpoint. Overall, SING Holdings has a GF Score™ of 51/100, reflecting its overall financial health beyond just this single metric.
How does SING Holdings' ROC (Joel Greenblatt) % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, SING Holdings ranks #824 out of 1757 companies for ROC (Joel Greenblatt) %. This puts SING Holdings in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 13.16. SING Holdings' value of 0.20% is 98.5% below this benchmark. Historically, SING Holdings' own ROC (Joel Greenblatt) % has ranged from 2.20 to 36.80 over the past decade. While the company's 10-year median is 7.15 vs. the industry median of 13.16, SING Holdings has consistently been below 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 Real Estate company?
The median ROC (Joel Greenblatt) % among Real Estate companies is 13.16, based on 1,757 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. SING Holdings's current ROC (Joel Greenblatt) % of 0.20% is 98.5% below 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 SING Holdings and its competitors. For the Real Estate industry, the median ROC (Joel Greenblatt) % is 13.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SING Holdings's current ROC (Joel Greenblatt) % is 0.20%, which is 97% below median its own 10-year median of 7.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SING Holdings stock overvalued right now?
SING Holdings (SGX:5IC) has a current ROC (Joel Greenblatt) % of 0.20%. The current ROC (Joel Greenblatt) % is 0.20%, which is 97% below median its 10-year median of 7.15 and 98.5% below the Real Estate industry median of 13.16. SING Holdings' overall GF Score™ is 51/100 with 6 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 SING Holdings (SGX:5IC), the current ROC (Joel Greenblatt) % is 0.20% 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.

SING Holdings Business Description

Address 96 Robinson Road, No. 10-01, SIF Building, Singapore, SGP, 068899
SING Holdings Ltd is engaged in activities relating to investment holding and property development. The company's real estate portfolio includes properties ranging from landed houses, apartments, condominiums, and industrial buildings. The company has two reportable segments; The property development segment which derives maximum revenue, is in the business of developing residential, commercial, and industrial properties for sale; and the other segment is Property investment which owns and leases investment property. Geographically, the company operates in Australia and Singapore.
51GF Score

Get the complete analysis for SGX:5IC

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

S$0.40
Price