Pan-United (SGX:P52) ROCE %: 24.50% (As of Dec. 2025)

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SGX:P52 Pan-United Corp Ltd SGX:P52
74 GF Score
Price S$1.60
GF Value S$0.65
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Pan-United ROCE %?

Pan-United SGX:P52 -1.23% 74 ROCE % is 24.50% as of Dec. 2025. GuruFocus rates SGX:P52 with a GF Score™ of 74/100 and a GF Value™ of S$0.65 (Significantly Overvalued). 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. Pan-United's annualized ROCE % for the quarter that ended in Dec. 2025 was 24.50%.

Pan-United  (SGX:P52) 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.

Pan-United ROCE % Related Terms

Pan-United ROCE % Historical Data

* Premium members only.

The historical data trend for Pan-United'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.

Pan-United ROCE % Chart

Pan-United 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 9.67 13.60 17.52 17.90 20.76

Pan-United 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 20.42 17.54 19.18 18.07 24.50
SGX:P52
74GF Score
Pan-United Corp Ltd SGX:P52
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Pan-United ROCE % Calculation

Pan-United'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 )
=68.849/( ( (499.749 - 180.932) + (543.785 - 199.303) )/ 2 )
=68.849/( (318.817+344.482)/ 2 )
=68.849/331.6495
=20.76 %

Pan-United'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 )
=81.04/( ( (490.386 - 173.352) + (543.785 - 199.303) )/ 2 )
=81.04/( ( 317.034 + 344.482 )/ 2 )
=81.04/330.758
=24.50 %

(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 24.50% mean?
Pan-United (SGX:P52) has a ROCE % of 24.50% as of Dec. 2025.
Is Pan-United's ROCE % too high?
Pan-United's current ROCE % is 24.50%. The Building Materials industry median ROCE % is 5.94. Pan-United's value of 24.50% is 312.5% above this industry median. Overall, Pan-United has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pan-United's ROCE % compare to CRH and VMC?
Pan-United's ROCE % of 24.50% can be compared against companies in the Building Materials industry. The industry median ROCE % is 5.94. Pan-United's value of 24.50% is 312.5% 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 Building Materials company?
The median ROCE % among Building Materials companies is 5.94, based on 407 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. Pan-United's current ROCE % of 24.50% is 312.5% 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 Building Materials industry, the median ROCE % is 5.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pan-United's current ROCE % is 24.50%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pan-United stock overvalued right now?
Based on GuruFocus' analysis, Pan-United (SGX:P52) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.65, compared to a current price of S$1.60 — trading 146.2% above its estimated fair value. The current ROCE % is 24.50% and 312.5% above the Building Materials industry median of 5.94. Pan-United's overall GF Score™ is 74/100 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 Pan-United (SGX:P52), the current ROCE % is 24.50% 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 Pan-United (SGX:P52) Overvalued in 2026?

Based on GuruFocus' analysis, Pan-United stock appears to be overvalued. The current stock price of S$1.60 is trading 146.2% above its estimated GF Value™ of S$0.65. GuruFocus considers Pan-United to be Significantly Overvalued.

Key valuation signals for SGX:P52:

  • ROCE %: 24.50%
  • GF Value™: S$0.65 vs. price of S$1.60 (146.2% above fair value)
  • GF Score™: 74/100 with 4 warning signs
  • Industry Position: 312.5% above the Building Materials median

No single metric tells the full story. See the SGX:P52 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Pan-United Business Description

Address 7 Temasek Boulevard, No. 16-01, Suntec Tower One, Singapore, SGP, 038987
Pan-United Corp Ltd specializes in concrete solutions and concrete technologies. The company operates through business segments, namely the Concrete and Cement segment, which is the key revenue driver, supplies mainly cement, granite, ready-mix concrete, and refined petroleum products to the construction and marine industries of Singapore, Vietnam, and Malaysia. The Trading and others segment relates to coal trading, bulk shipping, and agency operations. The company generates the majority of its revenue from Singapore. Geographically, the company operates in Singapore and Other Countries, of which it generates maximum revenue from Singapore. The projects of the company involve: Changi Airport Terminal 3; Downtown Line; Funan Mall; Guoco Tower; Helix Bridge; Labrador Tower; and Others.
74GF Score

Get the complete analysis for SGX:P52

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

S$1.60
Price
S$0.65
GF Value