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Asia Enterprises Holding (SGX:A55) 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 (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) 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.
* 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 Steel subindustry, Asia Enterprises Holding'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.
Asia Enterprises Holding ROE % vs Steel Industry
For the Steel industry and Basic Materials sector, Asia Enterprises Holding's ROE % distribution charts can be found below:
* The bar in red indicates where Asia Enterprises Holding'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 (Dec. 2025) net income data.
ROE % is displayed in the 30-year financial page.
Asia Enterprises Holding (SGX:A55) has a ROE % of 2.30% as of Dec. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Asia Enterprises Holding and its competitors. This is 38% above median its historical median of 1.67. Over the past decade, Asia Enterprises Holding's ROE % has ranged from 0.37 to 6.14. According to the industry distribution chart, Asia Enterprises Holding ranks #391 out of 618 companies in the Steel industry, placing it in the top 63.3%.
Is Asia Enterprises Holding's ROE % too high?
Asia Enterprises Holding's current ROE % of 2.30% is 38% above median its 10-year median of 1.67. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 6.14. The Steel industry median ROE % is 3.89. Asia Enterprises Holding's value of 2.30% is 40.9% below this industry median. Based on the distribution chart, Asia Enterprises Holding ranks #391 out of 618 companies in the Steel industry, which is below the industry midpoint. Overall, Asia Enterprises Holding has a GF Score™ of 36/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asia Enterprises Holding's ROE % compare to NUE and STLD?
According to the Steel industry distribution chart, Asia Enterprises Holding ranks #391 out of 618 companies for ROE %. This places Asia Enterprises Holding in the lower half of its industry. The industry median ROE % is 3.89. Asia Enterprises Holding's value of 2.30% is 40.9% below this benchmark. Historically, Asia Enterprises Holding's own ROE % has ranged from 0.37 to 6.14 over the past decade. While the company's 10-year median is 1.67 vs. the industry median of 3.89, Asia Enterprises Holding 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 Steel company?
The median ROE % among Steel companies is 3.89, based on 618 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. Asia Enterprises Holding's current ROE % of 2.30% is 40.9% 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 Asia Enterprises Holding and its competitors. For the Steel industry, the median ROE % is 3.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia Enterprises Holding's current ROE % is 2.30%, which is 38% above median its own 10-year median of 1.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Enterprises Holding stock overvalued right now?
Based on GuruFocus' analysis, Asia Enterprises Holding (SGX:A55) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.06, compared to a current price of S$0.13 — trading 116.7% above its estimated fair value. The current ROE % is 2.30%, which is 38% above median its 10-year median of 1.67 and 40.9% below the Steel industry median of 3.89. Asia Enterprises Holding's overall GF Score™ is 36/100 with 4 warning signs to review. 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 Asia Enterprises Holding (SGX:A55), the current ROE % is 2.30% 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 Asia Enterprises Holding (SGX:A55) Overvalued in 2026?
Based on GuruFocus' analysis, Asia Enterprises Holding stock appears to be overvalued.
The current stock price of S$0.13 is trading 116.7% above its estimated GF Value™ of S$0.06.
GuruFocus considers Asia Enterprises Holding to be Significantly Overvalued.
Key valuation signals for SGX:A55:
ROE %: 2.30% (38% above median its 10-year median of 1.67)
GF Value™: S$0.06 vs. price of S$0.13 (116.7% above fair value)
Industry Position: 40.9% below the Steel median (#391 of 618)
No single metric tells the full story. See the SGX:A55 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asia Enterprises Holding Ltd is an investment holding firm. Along with its subsidiaries, it is engaged in the distribution of steel products to industrial end users. The company operates through three segments namely, Steel distribution comprises of procuring, distributing, and trading of steel products; the Provision of steel processing segment is involved in the processing of steel materials for sale, and the corporate segment is engaged in investment and management activities. The majority of its revenue is earned from the Steel distribution segment. Geographically, it derives the majority revenue from the Singapore market, while it also has a presence in Indonesia, Malaysia, and other countries.
36GF Score
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