Hiap TongSGX:5PO -2.00% ROE % is 2.61% as of Mar. 2026, which is 7% below its 10-year median of 2.81. The stock has 4 warning signs investors should review. Among 1,058 Business Services companies, Hiap Tong ranks worse than 67.11% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Hiap Tong's annualized net income for the quarter that ended in Mar. 2026 was S$2.66 Mil. Hiap Tong's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was S$101.72 Mil. Therefore, Hiap Tong's annualized ROE % for the quarter that ended in Mar. 2026 was 2.61%.
The historical rank and industry rank for Hiap Tong's ROE % or its related term are showing as below:
SGX:5PO'
s ROE % Range Over the Past 10 Years
Min: -9.86 Med: 2.81 Max: 15.99
Current: 2.97
During the past 13 years, Hiap Tong's highest ROE % was 15.99%. The lowest was -9.86%. And the median was 2.81%.
SGX:5PO's ROE % is ranked worse than 67.11% of 1058
companies
in the Business Services industry
Industry Median: 8.015
vs SGX:5PO: 2.97
Hiap Tong (SGX:5PO) 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:
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.
Hiap Tong ROE % Related Terms
Hiap Tong ROE % Historical Data
* Premium members only.
The historical data trend for Hiap Tong'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.
For the Rental & Leasing Services subindustry, Hiap Tong'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.
Hiap Tong ROE % vs Business Services Industry
For the Business Services industry and Industrials sector, Hiap Tong's ROE % distribution charts can be found below:
* The bar in red indicates where Hiap Tong's ROE % falls into.
* 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.
Hiap Tong (SGX:5PO) has a ROE % of 2.61% 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 Hiap Tong and its competitors. This is near median its historical median of 2.81. According to the industry distribution chart, Hiap Tong ranks #710 out of 1058 companies in the Business Services industry, placing it in the top 67.1%.
Is Hiap Tong's ROE % too high?
Hiap Tong's current ROE % of 2.61% is near median its 10-year median of 2.81. The Business Services industry median ROE % is 8.02. Hiap Tong's value of 2.61% is 67.4% below this industry median. Based on the distribution chart, Hiap Tong ranks #710 out of 1058 companies in the Business Services industry, which is below the industry midpoint.
How does Hiap Tong's ROE % compare to URI and SUNB?
According to the Business Services industry distribution chart, Hiap Tong ranks #710 out of 1058 companies for ROE %. This places Hiap Tong in the lower half of its industry. The industry median ROE % is 8.02. Hiap Tong's value of 2.61% is 67.4% below this benchmark. While the company's 10-year median is 2.81 vs. the industry median of 8.02, Hiap Tong has consistently been below the industry average. 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 Business Services company?
The median ROE % among Business Services companies is 8.02, based on 1,058 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. Hiap Tong's current ROE % of 2.61% is 67.4% below 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 Hiap Tong and its competitors. For the Business Services industry, the median ROE % is 8.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hiap Tong's current ROE % is 2.61%, which is near median its own 10-year median of 2.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hiap Tong stock overvalued right now?
Based on GuruFocus' analysis, Hiap Tong (SGX:5PO) is currently considered Fairly Valued. The stock's GF Value™ is S$0.09, compared to a current price of S$0.10 — trading 8.9% above its estimated fair value. The current ROE % is 2.61%, which is near median its 10-year median of 2.81 and 67.4% below the Business Services industry median of 8.02. 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 Hiap Tong (SGX:5PO), the current ROE % is 2.61% 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.
Hiap Tong Corp Ltd is mainly involved in renting cranes, prime movers, heavy machinery, and equipment and trading cranes and heavy equipment. The company's products are used by the marine, petrochemical, and construction industries. It operates in two segments namely lifting and haulage services, and manpower services. The company also provides load test and drop test services for marine offshore and engineering industries. Its geographical segments include Singapore and Malaysia, of which the majority of the revenue comes from Singapore.
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