BRC Asia (SGX:BEC) Tax Expense: S$23 Mil (TTM As of Mar. 2026)

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SGX:BEC BRC Asia Ltd SGX:BEC
100 GF Score
Price S$4.20
GF Value S$2.86
Valuation Significantly Overvalued
! 1 Warning Sign
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What is BRC Asia Tax Expense?

BRC Asia SGX:BEC +0.24% 100 Tax Expense is S$23 Mil as of Mar. 2026. GuruFocus rates SGX:BEC with a GF Score™ of 100/100 and a GF Value™ of S$2.86 (Significantly Overvalued). The stock has 1 warning sign investors should review.

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


BRC Asia  (SGX:BEC) Tax Expense Explanation

In the long run, income before tax and taxable income will likely be more similar than they are in any given period. If the one is less in earlier years, then it will be greater in later years. Deferred taxes will reverse themselves in the long run and in total will zero out, unless there is something like a change in tax rates in the intervening period. A deferred tax payable results from a tax break in the early years and will reverse itself in later years; a deferred tax receivable results from more taxes being paid in early years than the tax expense reported to shareholders and will again reverse itself in later years. The deferred tax amount is computed by estimating the amount and the timing of the reversal and multiplying that by the appropriate tax rates.


BRC Asia Tax Expense Related Terms


BRC Asia Tax Expense Historical Data

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The historical data trend for BRC Asia's Tax Expense 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 Expense Chart

BRC Asia Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Tax Expense
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 Expense 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
100GF Score
BRC Asia Ltd SGX:BEC
Tax Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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BRC Asia Tax Expense Calculation

Tax paid by the company. It is computed in by multiplying the income before tax number, as reported to shareholders, by the appropriate tax rate. In reality, the computation is typically considerably more complex due to things such as expenses considered not deductible by taxing authorities ("add backs"), the range of tax rates applicable to various levels of income, different tax rates in different jurisdictions, multiple layers of tax on income, and other issues.

Tax Expense 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 Expense →
What does a Tax Expense of S$23 Mil mean?
BRC Asia (SGX:BEC) has a Tax Expense of S$23 Mil as of Mar. 2026. Tax expense is the amount of tax the company pays in an accounting period. View historical data on BRC Asia and its competitors.
Is BRC Asia's Tax Expense too high?
BRC Asia's current Tax Expense is S$23 Mil. Overall, BRC Asia has a GF Score™ of 100/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BRC Asia's Tax Expense compare to NUE and STLD?
BRC Asia's Tax Expense 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 Expense for a Steel company?
A good Tax Expense depends on the Steel industry context. However, Tax Expense 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 Expense mean?
A high Tax Expense can signal that a stock is expensive relative to its fundamentals. Tax expense is the amount of tax the company pays in an accounting period. View historical data on BRC Asia and its competitors. BRC Asia's current Tax Expense 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$2.86, compared to a current price of S$4.20 — trading 46.9% above its estimated fair value. The current Tax Expense is S$23 Mil. BRC Asia's overall GF Score™ is 100/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Expense calculated?
Tax Expense is calculated from a company's financial statements. For BRC Asia (SGX:BEC), the current Tax Expense 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$4.20 is trading 46.9% above its estimated GF Value™ of S$2.86. GuruFocus considers BRC Asia to be Significantly Overvalued.

Key valuation signals for SGX:BEC:

  • Tax Expense: S$23 Mil
  • GF Value™: S$2.86 vs. price of S$4.20 (46.9% above fair value)
  • GF Score™: 100/100 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.
100GF Score

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

S$4.20
Price
S$2.86
GF Value