HS Optimus Holdings (SGX:504) ROE %: 17.27% (As of Mar. 2026)

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.

What is HS Optimus Holdings ROE %?

HS Optimus Holdings SGX:504 ROE % is 17.27% as of Mar. 2026. The stock has 3 warning signs investors should review. Among 425 Furnishings, Fixtures & Appliances companies, HS Optimus Holdings ranks better than 56.71% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. HS Optimus Holdings's annualized net income for the quarter that ended in Mar. 2026 was S$8.10 Mil. HS Optimus Holdings's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was S$46.91 Mil. Therefore, HS Optimus Holdings's annualized ROE % for the quarter that ended in Mar. 2026 was 17.27%.

The historical rank and industry rank for HS Optimus Holdings's ROE % or its related term are showing as below:

SGX:504' s ROE % Range Over the Past 10 Years
Min: -13.77   Med: -3.35   Max: 11.81
Current: 5.86

During the past 13 years, HS Optimus Holdings's highest ROE % was 11.81%. The lowest was -13.77%. And the median was -3.35%.

SGX:504's ROE % is ranked better than
56.71% of 425 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 4.37 vs SGX:504: 5.86

HS Optimus Holdings  (SGX:504) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=8.1/46.9055
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(8.1 / 11.168)*(11.168 / 63.33)*(63.33 / 46.9055)
=Net Margin %*Asset Turnover*Equity Multiplier
=72.53 %*0.1763*1.3502
=ROA %*Equity Multiplier
=12.79 %*1.3502
=17.27 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=8.1/46.9055
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (8.1 / 7.724) * (7.724 / -4.622) * (-4.622 / 11.168) * (11.168 / 63.33) * (63.33 / 46.9055)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.0487 * -1.6711 * -41.39 % * 0.1763 * 1.3502
=17.27 %

Note: The net income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


HS Optimus Holdings ROE % Related Terms


HS Optimus Holdings ROE % Historical Data

* Premium members only.

The historical data trend for HS Optimus Holdings's ROE % 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.

HS Optimus Holdings ROE % Chart

HS Optimus Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.82 -12.74 -3.87 -5.37 5.73

HS Optimus Holdings Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
ROE % 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 -4.73 -7.15 -3.36 -5.69 17.27

SGX:504 vs SN, SGI, MHK: ROE % Comparison

For the Furnishings, Fixtures & Appliances subindustry, HS Optimus Holdings's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


HS Optimus Holdings ROE % vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, HS Optimus Holdings's ROE % distribution charts can be found below:

* The bar in red indicates where HS Optimus Holdings's ROE % falls into.



HS Optimus Holdings ROE % Calculation

HS Optimus Holdings's annualized ROE % for the fiscal year that ended in Mar. 2026 is calculated as

ROE %=Net Income (A: Mar. 2026 )/( (Total Stockholders Equity (A: Mar. 2025 )+Total Stockholders Equity (A: Mar. 2026 ))/ count )
=2.749/( (46.805+49.066)/ 2 )
=2.749/47.9355
=5.73 %

HS Optimus Holdings's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Sep. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=8.1/( (44.745+49.066)/ 2 )
=8.1/46.9055
=17.27 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is two times the semi-annual (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 17.27% mean?
HS Optimus Holdings (SGX:504) has a ROE % of 17.27% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on HS Optimus Holdings and its competitors. According to the industry distribution chart, HS Optimus Holdings ranks #184 out of 425 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 43.3%.
Is HS Optimus Holdings' ROE % too high?
HS Optimus Holdings' current ROE % is 17.27%. The Furnishings, Fixtures & Appliances industry median ROE % is 4.37. HS Optimus Holdings' value of 17.27% is 295.2% above this industry median. Based on the distribution chart, HS Optimus Holdings ranks #184 out of 425 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint.
How does HS Optimus Holdings' ROE % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, HS Optimus Holdings ranks #184 out of 425 companies for ROE %. This puts HS Optimus Holdings in the upper half of its industry. The industry median ROE % is 4.37. HS Optimus Holdings' value of 17.27% is 295.2% 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 ROE % for a Furnishings, Fixtures & Appliances company?
The median ROE % among Furnishings, Fixtures & Appliances companies is 4.37, based on 425 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. HS Optimus Holdings's current ROE % of 17.27% is 295.2% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on HS Optimus Holdings and its competitors. For the Furnishings, Fixtures & Appliances industry, the median ROE % is 4.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HS Optimus Holdings's current ROE % is 17.27%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HS Optimus Holdings stock overvalued right now?
HS Optimus Holdings (SGX:504) has a current ROE % of 17.27%. The current ROE % is 17.27% and 295.2% above the Furnishings, Fixtures & Appliances industry median of 4.37. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For HS Optimus Holdings (SGX:504), the current ROE % is 17.27% as of Mar. 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.

HS Optimus Holdings Business Description

Address 2 Kallang Avenue, CT Hub No. 07-03, Singapore, SGP, 339407
HS Optimus Holdings Ltd is an investment holding company. The company's operating segments include Investment, Door Business, Secured Property Financing, and Property Business. It generates maximum revenue from the Door Business segment. The Door business segment relates to the manufacture and distribution of doors, furniture and fittings, wood-related products, and the supply and installation of doors. Geographically, it derives a majority of its revenue from the United Kingdom.