PNE Industries (SGX:BDA) ROCE %: -1.94% (As of Mar. 2026)


SGX:BDA PNE Industries Ltd SGX:BDA
41 GF Score
Price S$0.42
GF Value S$0.54
Valuation Modestly Undervalued
! 4 Warning Signs
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What is PNE Industries ROCE %?

PNE Industries SGX:BDA 41 ROCE % is -1.94% as of Mar. 2026. GuruFocus rates SGX:BDA with a GF Score™ of 41/100 and a GF Value™ of S$0.54 (Modestly Undervalued). The stock has 4 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. PNE Industries's annualized ROCE % for the quarter that ended in Mar. 2026 was -1.94%.

PNE Industries  (SGX:BDA) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

PNE Industries ROCE % Related Terms

PNE Industries ROCE % Historical Data

* Premium members only.

The historical data trend for PNE Industries's ROCE % 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.

PNE Industries ROCE % Chart

PNE Industries Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.93 5.32 1.18 2.77 1.18

PNE Industries Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
ROCE % 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 1.09 4.53 2.06 0.26 -1.94
SGX:BDA
41GF Score
PNE Industries Ltd SGX:BDA
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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PNE Industries ROCE % Calculation

PNE Industries's annualized ROCE % for the fiscal year that ended in Sep. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Sep. 2025 )  (A: Sep. 2024 )(A: Sep. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Sep. 2025 )  (A: Sep. 2024 )(A: Sep. 2025 )
=0.802/( ( (83.438 - 13.568) + (80.22 - 13.717) )/ 2 )
=0.802/( (69.87+66.503)/ 2 )
=0.802/68.1865
=1.18 %

PNE Industries's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=-1.282/( ( (80.22 - 13.717) + (76.118 - 10.301) )/ 2 )
=-1.282/( ( 66.503 + 65.817 )/ 2 )
=-1.282/66.16
=-1.94 %

(1) Note: The EBIT data used here is two times the semi-annual (Mar. 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of -1.94% mean?
PNE Industries (SGX:BDA) has a ROCE % of -1.94% as of Mar. 2026.
Is PNE Industries' ROCE % too high?
PNE Industries' current ROCE % is -1.94%. Overall, PNE Industries has a GF Score™ of 41/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PNE Industries' ROCE % compare to APH and GLW?
PNE Industries' ROCE % of -1.94% can be compared against companies in the Hardware industry. The industry median ROCE % is 5.82. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Hardware company?
The median ROCE % among Hardware companies is 5.82, based on 2,449 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Hardware industry, the median ROCE % is 5.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PNE Industries's current ROCE % is -1.94%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PNE Industries stock overvalued right now?
Based on GuruFocus' analysis, PNE Industries (SGX:BDA) is currently considered Modestly Undervalued. The stock's GF Value™ is S$0.54, compared to a current price of S$0.42 — trading 22.2% below its estimated fair value. The current ROCE % is -1.94%. PNE Industries' overall GF Score™ is 41/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For PNE Industries (SGX:BDA), the current ROCE % is -1.94% as of Mar. 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 PNE Industries (SGX:BDA) Overvalued in 2026?

Based on GuruFocus' analysis, PNE Industries stock appears to be undervalued. The current stock price of S$0.42 is trading 22.2% below its estimated GF Value™ of S$0.54. GuruFocus considers PNE Industries to be Modestly Undervalued.

Key valuation signals for SGX:BDA:

  • ROCE %: -1.94%
  • GF Value™: S$0.54 vs. price of S$0.42 (22.2% below fair value)
  • GF Score™: 41/100 with 4 warning signs

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

PNE Industries Business Description

Address 996 Bendemeer Road, No. 07-06, Singapore, SGP, 339944
PNE Industries Ltd is an investment holding company and provision of management services. Its business operates in two segments. The Contract Manufacturing segment includes the manufacturing of electronic controllers and other electrical and electronic products. The Trading segment operates in the manufacturing and trading of emergency lighting equipment and related products. The Contract Manufacturing segment generates maximum revenue for the company. Geographically the company exports its products to Romania, the Netherlands, Singapore, Europe, the People's Republic of China, Malaysia, and Other regions.
41GF Score

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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

S$0.42
Price
S$0.54
GF Value