Tiong Seng Holdings (SGX:BFI) ROCE %: 8.70% (As of Jun. 2026)

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What is Tiong Seng Holdings ROCE %?

Tiong Seng Holdings SGX:BFI ROCE % is 8.70% as of Jun. 2026. The stock has 3 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. Tiong Seng Holdings's annualized ROCE % for the quarter that ended in Jun. 2026 was 8.70%.

Tiong Seng Holdings  (SGX:BFI) 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.

Tiong Seng Holdings ROCE % Related Terms

Tiong Seng Holdings ROCE % Historical Data

* Premium members only.

The historical data trend for Tiong Seng Holdings'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.

Tiong Seng Holdings ROCE % Chart

Tiong Seng Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -18.89 -44.24 -5.69 10.08 -34.26

Tiong Seng Holdings Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 15.34 4.16 -36.09 -27.51 8.70

Tiong Seng Holdings ROCE % Calculation

Tiong Seng Holdings's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=-29.071/( ( (407.199 - 292.21) + (353.186 - 298.446) )/ 2 )
=-29.071/( (114.989+54.74)/ 2 )
=-29.071/84.8645
=-34.26 %

Tiong Seng Holdings's ROCE % of for the quarter that ended in Jun. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2026 )  (Q: Dec. 2025 )(Q: Jun. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2026 )  (Q: Dec. 2025 )(Q: Jun. 2026 )
=4.9/( ( (353.186 - 298.446) + (331.713 - 273.87) )/ 2 )
=4.9/( ( 54.74 + 57.843 )/ 2 )
=4.9/56.2915
=8.70 %

(1) 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 8.70% mean?
Tiong Seng Holdings (SGX:BFI) has a ROCE % of 8.70% as of Jun. 2026.
Is Tiong Seng Holdings' ROCE % too high?
Tiong Seng Holdings' current ROCE % is 8.70%. The Construction industry median ROCE % is 8.25. Tiong Seng Holdings' value of 8.70% is 5.5% above this industry median.
How does Tiong Seng Holdings' ROCE % compare to PWR and FIX?
Tiong Seng Holdings' ROCE % of 8.70% can be compared against companies in the Construction industry. The industry median ROCE % is 8.25. Tiong Seng Holdings' value of 8.70% is 5.5% above this benchmark. 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 Construction company?
The median ROCE % among Construction companies is 8.25, based on 1,764 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. Tiong Seng Holdings's current ROCE % of 8.70% is 5.5% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Construction industry, the median ROCE % is 8.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tiong Seng Holdings's current ROCE % is 8.70%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tiong Seng Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tiong Seng Holdings (SGX:BFI) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.04, compared to a current price of S$0.07 — trading 82.5% above its estimated fair value. The current ROCE % is 8.70% and 5.5% above the Construction industry median of 8.25. 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 Tiong Seng Holdings (SGX:BFI), the current ROCE % is 8.70% 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.

Tiong Seng Holdings Business Description

Address 30A Kallang Place, No. 04-01 to 04-11, Singapore, SGP, 339213
Tiong Seng Holdings Ltd operates as a construction and civil engineering contractor in Singapore. It is principally engaged in building construction, civil engineering, engineering solutions and property development in Singapore and PRC. The company has three segments: Construction, which derives the majority of revenue and relates to acting as main contractors in the construction and civil engineering projects and provision of construction; Engineering solutions, which relates to manufacturing and supplying precast and prefabricated components and provision of steel and mass-engineered timber; Property development: relates to the development and sales of properties. Geographically, the company generates the maximum revenue from Singapore.