TSH (SGX:KUH) ROCE %: 9.35% (As of Jun. 2026)

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SGX:KUH TSH Corp Ltd SGX:KUH
51 GF Score
Price S$0.14
GF Value S$0.13
Valuation Fairly Valued
! 3 Warning Signs
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What is TSH ROCE %?

TSH SGX:KUH 51 ROCE % is 9.35% as of Jun. 2026. GuruFocus rates SGX:KUH with a GF Score™ of 51/100 and a GF Value™ of S$0.13 (Fairly Valued). 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. TSH's annualized ROCE % for the quarter that ended in Jun. 2026 was 9.35%.

TSH  (SGX:KUH) 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.

TSH ROCE % Related Terms

TSH ROCE % Historical Data

* Premium members only.

The historical data trend for TSH'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.

TSH ROCE % Chart

TSH 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 -2.64 10.80 5.93 10.47 12.96

TSH 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 7.38 13.95 9.96 16.21 9.35
SGX:KUH
51GF Score
TSH Corp Ltd SGX:KUH
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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TSH ROCE % Calculation

TSH'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 )
=1.421/( ( (14.093 - 4.509) + (16.067 - 3.717) )/ 2 )
=1.421/( (9.584+12.35)/ 2 )
=1.421/10.967
=12.96 %

TSH'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 )
=1.156/( ( (16.067 - 3.717) + (16.809 - 4.438) )/ 2 )
=1.156/( ( 12.35 + 12.371 )/ 2 )
=1.156/12.3605
=9.35 %

(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 9.35% mean?
TSH (SGX:KUH) has a ROCE % of 9.35% as of Jun. 2026.
Is TSH's ROCE % too high?
TSH's current ROCE % is 9.35%. The Restaurants industry median ROCE % is 6.47. TSH's value of 9.35% is 44.5% above this industry median. Overall, TSH has a GF Score™ of 51/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does TSH's ROCE % compare to MCD and SBUX?
TSH's ROCE % of 9.35% can be compared against companies in the Restaurants industry. The industry median ROCE % is 6.47. TSH's value of 9.35% is 44.5% 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 Restaurants company?
The median ROCE % among Restaurants companies is 6.47, based on 353 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. TSH's current ROCE % of 9.35% is 44.5% 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 Restaurants industry, the median ROCE % is 6.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TSH's current ROCE % is 9.35%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TSH stock overvalued right now?
Based on GuruFocus' analysis, TSH (SGX:KUH) is currently considered Fairly Valued. The stock's GF Value™ is S$0.13, compared to a current price of S$0.14 — trading 6.9% above its estimated fair value. The current ROCE % is 9.35% and 44.5% above the Restaurants industry median of 6.47. TSH's overall GF Score™ is 51/100 with 3 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 TSH (SGX:KUH), the current ROCE % is 9.35% 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 TSH (SGX:KUH) Overvalued in 2026?

Based on GuruFocus' analysis, TSH stock appears to be overvalued. The current stock price of S$0.14 is trading 6.9% above its estimated GF Value™ of S$0.13. GuruFocus considers TSH to be Fairly Valued.

Key valuation signals for SGX:KUH:

  • ROCE %: 9.35%
  • GF Value™: S$0.13 vs. price of S$0.14 (6.9% above fair value)
  • GF Score™: 51/100 with 3 warning signs
  • Industry Position: 44.5% above the Restaurants median

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

TSH Business Description

Address 315 Outram Road, No. 14-02 Tan Boon Liat Building, Singapore, SGP, 169074
TSH Corp Ltd is an investment holding company. Along with its subsidiaries, it runs a dynamic chain of bars, namely: Quaich Bar Collector, Quaich Bar Avant-garde, Quaich Bar Wanderlust, The Other Room, Signature Reserve, Capitol Cigar & Whisky Lounge. The group also distributes premium spirits through The Whisky Store and runs a whisky-dedicated exhibition, Whisky Journey. It operates in a single segment, focused on the wholesale and retail sale of food and beverage businesses. Geographically, it operates only in Singapore.
51GF Score

Get the complete analysis for SGX:KUH

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

S$0.14
Price
S$0.13
GF Value