Alpina Holdings (SGX:ZXY) ROCE %: 16.20% (As of Jun. 2025)


SGX:ZXY Alpina Holdings Ltd SGX:ZXY
40 GF Score
Price S$0.37
GF Value S$0.35
! 10 Warning Signs
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What is Alpina Holdings ROCE %?

Alpina Holdings SGX:ZXY 40 ROCE % is 16.20% as of Jun. 2025. GuruFocus rates SGX:ZXY with a GF Score™ of 40/100 and a GF Value™ of S$0.35. The stock has 10 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. Alpina Holdings's annualized ROCE % for the quarter that ended in Jun. 2025 was 16.20%.

Alpina Holdings  (SGX:ZXY) 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.

Alpina Holdings ROCE % Related Terms

Alpina Holdings ROCE % Historical Data

* Premium members only.

The historical data trend for Alpina 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.

Alpina Holdings ROCE % Chart

Alpina Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROCE %
Get a 7-Day Free Trial 41.31 52.51 10.49 2.58 12.10

Alpina Holdings Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.20 1.97 8.63 13.17 16.20
SGX:ZXY
40GF Score
Alpina Holdings Ltd SGX:ZXY
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Alpina Holdings ROCE % Calculation

Alpina Holdings's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=4.842/( ( (64.719 - 32.893) + (81.586 - 33.379) )/ 2 )
=4.842/( (31.826+48.207)/ 2 )
=4.842/40.0165
=12.10 %

Alpina Holdings's ROCE % of for the quarter that ended in Jun. 2025 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2025 )  (Q: Dec. 2024 )(Q: Jun. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2025 )  (Q: Dec. 2024 )(Q: Jun. 2025 )
=7.908/( ( (81.586 - 33.379) + (83.567 - 34.149) )/ 2 )
=7.908/( ( 48.207 + 49.418 )/ 2 )
=7.908/48.8125
=16.20 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 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 16.20% mean?
Alpina Holdings (SGX:ZXY) has a ROCE % of 16.20% as of Jun. 2025.
Is Alpina Holdings' ROCE % too high?
Alpina Holdings' current ROCE % is 16.20%. The Construction industry median ROCE % is 8.20. Alpina Holdings' value of 16.20% is 97.6% above this industry median. Overall, Alpina Holdings has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Alpina Holdings' ROCE % compare to PWR and FIX?
Alpina Holdings' ROCE % of 16.20% can be compared against companies in the Construction industry. The industry median ROCE % is 8.20. Alpina Holdings' value of 16.20% is 97.6% 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 8.20, based on 1,749 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. Alpina Holdings's current ROCE % of 16.20% is 97.6% 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 8.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alpina Holdings's current ROCE % is 16.20%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alpina Holdings stock overvalued right now?
Alpina Holdings (SGX:ZXY) has a current ROCE % of 16.20%. The stock's GF Value™ is S$0.35, compared to a current price of S$0.37 — trading 5.7% above its estimated fair value. The current ROCE % is 16.20% and 97.6% above the Construction industry median of 8.20. Alpina Holdings' overall GF Score™ is 40/100 with 10 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 Alpina Holdings (SGX:ZXY), the current ROCE % is 16.20% as of Jun. 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 Alpina Holdings (SGX:ZXY) Overvalued in 2026?

Based on GuruFocus' analysis, Alpina Holdings stock appears to be overvalued. The current stock price of S$0.37 is trading 5.7% above its estimated GF Value™ of S$0.35.

Key valuation signals for SGX:ZXY:

  • ROCE %: 16.20%
  • GF Value™: S$0.35 vs. price of S$0.37 (5.7% above fair value)
  • GF Score™: 40/100 with 10 warning signs
  • Industry Position: 97.6% above the Construction median

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

Alpina Holdings Business Description

Address 54 Senoko Road, Woodlands East Industrial Estate, Singapore, SGP, 758118
Alpina Holdings Ltd is an established Singapore-based contractor that specializes in providing Integrated Building Services (IBS), Mechanical and Electrical (M&E) engineering services, Alteration and Addition (A&A), and Rental income from investment property (RI). The group provides IBS and M&E engineering services mainly as the main contractor and provides A&A works as a subcontractor. The majority of revenue is derived from the IBS segment.
40GF Score

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

S$0.37
Price
S$0.35
GF Value