Tiong Woon Holding (SGX:BQM) ROCE %: 8.40% (As of Dec. 2025)

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SGX:BQM Tiong Woon Corp Holding Ltd SGX:BQM
59 GF Score
Price S$1.02
GF Value S$0.70
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Tiong Woon Holding ROCE %?

Tiong Woon Holding SGX:BQM -0.97% 59 ROCE % is 8.40% as of Dec. 2025. GuruFocus rates SGX:BQM with a GF Score™ of 59/100 and a GF Value™ of S$0.70 (Significantly Overvalued). The stock has 6 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 Woon Holding's annualized ROCE % for the quarter that ended in Dec. 2025 was 8.40%.

Tiong Woon Holding  (SGX:BQM) 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 Woon Holding ROCE % Related Terms

Tiong Woon Holding ROCE % Historical Data

* Premium members only.

The historical data trend for Tiong Woon Holding'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 Woon Holding ROCE % Chart

Tiong Woon Holding Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.18 4.72 5.81 6.47 6.65

Tiong Woon Holding Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 7.42 5.17 8.09 5.02 8.40
SGX:BQM
59GF Score
Tiong Woon Corp Holding Ltd SGX:BQM
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Tiong Woon Holding ROCE % Calculation

Tiong Woon Holding's annualized ROCE % for the fiscal year that ended in Jun. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jun. 2025 )  (A: Jun. 2024 )(A: Jun. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jun. 2025 )  (A: Jun. 2024 )(A: Jun. 2025 )
=28.505/( ( (519.063 - 106.893) + (532.322 - 87.62) )/ 2 )
=28.505/( (412.17+444.702)/ 2 )
=28.505/428.436
=6.65 %

Tiong Woon Holding's ROCE % of for the quarter that ended in Dec. 2025 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=38.322/( ( (532.322 - 87.62) + (556.565 - 88.994) )/ 2 )
=38.322/( ( 444.702 + 467.571 )/ 2 )
=38.322/456.1365
=8.40 %

(1) 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 8.40% mean?
Tiong Woon Holding (SGX:BQM) has a ROCE % of 8.40% as of Dec. 2025.
Is Tiong Woon Holding's ROCE % too high?
Tiong Woon Holding's current ROCE % is 8.40%. The Business Services industry median ROCE % is 9.21. Tiong Woon Holding's value of 8.40% is 8.8% below this industry median. Overall, Tiong Woon Holding has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tiong Woon Holding's ROCE % compare to URI and SUNB?
Tiong Woon Holding's ROCE % of 8.40% can be compared against companies in the Business Services industry. The industry median ROCE % is 9.21. Tiong Woon Holding's value of 8.40% is 8.8% below 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 Business Services company?
The median ROCE % among Business Services companies is 9.21, based on 1,069 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 Woon Holding's current ROCE % of 8.40% is 8.8% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Business Services industry, the median ROCE % is 9.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tiong Woon Holding's current ROCE % is 8.40%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tiong Woon Holding stock overvalued right now?
Based on GuruFocus' analysis, Tiong Woon Holding (SGX:BQM) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.70, compared to a current price of S$1.02 — trading 45.7% above its estimated fair value. The current ROCE % is 8.40% and 8.8% below the Business Services industry median of 9.21. Tiong Woon Holding's overall GF Score™ is 59/100 with 6 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 Tiong Woon Holding (SGX:BQM), the current ROCE % is 8.40% 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 Tiong Woon Holding (SGX:BQM) Overvalued in 2026?

Based on GuruFocus' analysis, Tiong Woon Holding stock appears to be overvalued. The current stock price of S$1.02 is trading 45.7% above its estimated GF Value™ of S$0.70. GuruFocus considers Tiong Woon Holding to be Significantly Overvalued.

Key valuation signals for SGX:BQM:

  • ROCE %: 8.40%
  • GF Value™: S$0.70 vs. price of S$1.02 (45.7% above fair value)
  • GF Score™: 59/100 with 6 warning signs
  • Industry Position: 8.8% below the Business Services median

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

Tiong Woon Holding Business Description

Address No. 15 Pandan Crescent, Singapore, SGP, 128470
Tiong Woon Corp Holding Ltd is a company engaged in providing integrated specialist services. It also manages turnkey projects from planning to the execution stage. The company operates in three segments. The heavy Lift and Haulage segment, which is the key revenue driver, comprises a wide range of reliable services in Marine Transportation; Marine Transportation comprises the provision of tug and barge services for a wide range of sea transportation projects; The Trading segment comprises trading of new and used equipment. Its revenue comes from the Singapore market, while it has a presence in the Middle East, India, Malaysia, and other countries.
59GF Score

Get the complete analysis for SGX:BQM

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

S$1.02
Price
S$0.70
GF Value