SBS Transit (SGX:S61) ROCE %: 9.78% (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SGX:S61 SBS Transit Ltd SGX:S61
79 GF Score
Price S$3.59
GF Value S$2.60
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is SBS Transit ROCE %?

SBS Transit SGX:S61 +0.28% 79 ROCE % is 9.78% as of Dec. 2025. GuruFocus rates SGX:S61 with a GF Score™ of 79/100 and a GF Value™ of S$2.60 (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. SBS Transit's annualized ROCE % for the quarter that ended in Dec. 2025 was 9.78%.

SBS Transit  (SGX:S61) 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.

SBS Transit ROCE % Related Terms

SBS Transit ROCE % Historical Data

* Premium members only.

The historical data trend for SBS Transit'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.

SBS Transit ROCE % Chart

SBS Transit 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 7.07 10.83 11.56 10.87 9.72

SBS Transit 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 12.13 10.61 11.17 9.96 9.78
SGX:S61
79GF Score
SBS Transit Ltd SGX:S61
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SBS Transit ROCE % Calculation

SBS Transit'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 )
=74.567/( ( (1160.668 - 370.424) + (1093.021 - 349.169) )/ 2 )
=74.567/( (790.244+743.852)/ 2 )
=74.567/767.048
=9.72 %

SBS Transit'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 )
=72.754/( ( (1069.021 - 325.129) + (1093.021 - 349.169) )/ 2 )
=72.754/( ( 743.892 + 743.852 )/ 2 )
=72.754/743.872
=9.78 %

(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 9.78% mean?
SBS Transit (SGX:S61) has a ROCE % of 9.78% as of Dec. 2025.
Is SBS Transit's ROCE % too high?
SBS Transit's current ROCE % is 9.78%. The Transportation industry median ROCE % is 7.75. SBS Transit's value of 9.78% is 26.3% above this industry median. Overall, SBS Transit has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SBS Transit's ROCE % compare to UNP and CSX?
SBS Transit's ROCE % of 9.78% can be compared against companies in the Transportation industry. The industry median ROCE % is 7.75. SBS Transit's value of 9.78% is 26.3% 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 Transportation company?
The median ROCE % among Transportation companies is 7.75, based on 990 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. SBS Transit's current ROCE % of 9.78% is 26.3% 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 Transportation industry, the median ROCE % is 7.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SBS Transit's current ROCE % is 9.78%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SBS Transit stock overvalued right now?
Based on GuruFocus' analysis, SBS Transit (SGX:S61) is currently considered Significantly Overvalued. The stock's GF Value™ is S$2.60, compared to a current price of S$3.59 — trading 38.1% above its estimated fair value. The current ROCE % is 9.78% and 26.3% above the Transportation industry median of 7.75. SBS Transit's overall GF Score™ is 79/100 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 SBS Transit (SGX:S61), the current ROCE % is 9.78% 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 SBS Transit (SGX:S61) Overvalued in 2026?

Based on GuruFocus' analysis, SBS Transit stock appears to be overvalued. The current stock price of S$3.59 is trading 38.1% above its estimated GF Value™ of S$2.60. GuruFocus considers SBS Transit to be Significantly Overvalued.

Key valuation signals for SGX:S61:

  • ROCE %: 9.78%
  • GF Value™: S$2.60 vs. price of S$3.59 (38.1% above fair value)
  • GF Score™: 79/100 with 4 warning signs
  • Industry Position: 26.3% above the Transportation median

No single metric tells the full story. See the SGX:S61 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

SBS Transit Business Description

Address 91 Sengkang East Avenue, Singapore, SGP, 545072
SBS Transit Ltd is engaged in providing public transport services and consultancy services relating to land transport. The provision of public transport services includes the operation of public buses and rail transit systems in Singapore. The company's operating segments are Public Transport Services and Other Commercial Services. The Public Transport Services include income generated from the provision of bus and rail services to commuters traveling on public transport systems. The Other Commercial Services include income generated from advertisements on buses and trains, and rental collection from commercial and shop space at bus interchanges and rail stations. The majority of the company's revenue is generated from the Public Transport Services segment.
79GF Score

Get the complete analysis for SGX:S61

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

S$3.59
Price
S$2.60
GF Value