BRC Asia (SGX:BEC) Tax Provision: S$-23 Mil (TTM 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.

SGX:BEC BRC Asia Ltd SGX:BEC
95 GF Score
Price S$4.23
GF Value S$2.80
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is BRC Asia Tax Provision?

BRC Asia SGX:BEC 95 Tax Provision is S$-23 Mil as of Mar. 2026. GuruFocus rates SGX:BEC with a GF Score™ of 95/100 and a GF Value™ of S$2.80 (Significantly Overvalued). The stock has 1 warning sign investors should review.

BRC Asia's tax provision for the six months ended in Mar. 2026 was S$-13 Mil. Its tax provision for the trailing twelve months (TTM) ended in Mar. 2026 was S$-23 Mil.

BRC Asia Tax Provision Historical Data

* Premium members only.

The historical data trend for BRC Asia's Tax Provision 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.

BRC Asia Tax Provision Chart

BRC Asia Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Tax Provision
Get a 7-Day Free Trial Premium Member Only Premium Member Only -11.35 -17.22 -15.47 -17.63 -18.46

BRC Asia Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Tax Provision 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 -8.46 -9.17 -8.90 -9.56 -13.23
SGX:BEC
95GF Score
BRC Asia Ltd SGX:BEC
Tax Provision is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BRC Asia Tax Provision Calculation

Tax to be paid.

Tax Provision for the trailing twelve months (TTM) ended in Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was S$-23 Mil.

* 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 Tax Provision →
What does a Tax Provision of S$-23 Mil mean?
BRC Asia (SGX:BEC) has a Tax Provision of S$-23 Mil as of Mar. 2026. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on BRC Asia and its competitors.
Is BRC Asia's Tax Provision too high?
BRC Asia's current Tax Provision is S$-23 Mil. Overall, BRC Asia has a GF Score™ of 95/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BRC Asia's Tax Provision compare to NUE and STLD?
BRC Asia's Tax Provision of S$-23 Mil can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Provision for a Steel company?
A good Tax Provision depends on the Steel industry context. However, Tax Provision should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Provision mean?
A high Tax Provision can signal that a stock is expensive relative to its fundamentals. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on BRC Asia and its competitors. BRC Asia's current Tax Provision is S$-23 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BRC Asia stock overvalued right now?
Based on GuruFocus' analysis, BRC Asia (SGX:BEC) is currently considered Significantly Overvalued. The stock's GF Value™ is S$2.80, compared to a current price of S$4.23 — trading 51.1% above its estimated fair value. The current Tax Provision is S$-23 Mil. BRC Asia's overall GF Score™ is 95/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Provision calculated?
Tax Provision is calculated from a company's financial statements. For BRC Asia (SGX:BEC), the current Tax Provision is S$-23 Mil 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.

Is BRC Asia (SGX:BEC) Overvalued in 2026?

Based on GuruFocus' analysis, BRC Asia stock appears to be overvalued. The current stock price of S$4.23 is trading 51.1% above its estimated GF Value™ of S$2.80. GuruFocus considers BRC Asia to be Significantly Overvalued.

Key valuation signals for SGX:BEC:

  • Tax Provision: S$-23 Mil
  • GF Value™: S$2.80 vs. price of S$4.23 (51.1% above fair value)
  • GF Score™: 95/100 with 1 warning sign

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

BRC Asia Business Description

Address 350 Jalan Boon Lay, Jurong Industrial Estate, Singapore, SGP, 619530
BRC Asia Ltd is principally engaged in the prefabrication of steel reinforcement for use in concrete, trading of steel reinforcing bars, and manufacturing and sale of wire mesh fences. The company's reportable segments are: (i) The fabrication and manufacturing segment is involved in the business of processing and prefabrication of steel reinforcement, including sale of standard-length rebar, for use in concrete. (ii) Trading segment is involved in trading of steel and steel related products in both domestic and international market. (iii) Others relates to leasing of properties. The majority of the company's revenue is derived from the Fabrication and manufacturing segment. Geographically, it derives the maximum revenue from Singapore.
95GF Score

Get the complete analysis for SGX:BEC

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

S$4.23
Price
S$2.80
GF Value