Union Steel Holdings (SGX:ZB9) Total Operating Expense: S$21.9 Mil (TTM As of Dec. 2025)

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SGX:ZB9 Union Steel Holdings Ltd SGX:ZB9
45 GF Score
Price S$0.48
GF Value S$0.50
Valuation Fairly Valued
! 5 Warning Signs
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What is Union Steel Holdings Total Operating Expense?

Union Steel Holdings SGX:ZB9 45 Total Operating Expense is S$21.9 Mil as of Dec. 2025. GuruFocus rates SGX:ZB9 with a GF Score™ of 45/100 and a GF Value™ of S$0.50 (Fairly Valued). The stock has 5 warning signs investors should review.

Union Steel Holdings's Total Operating Expense for the six months ended in Dec. 2025 was S$10.6 Mil. Union Steel Holdings's Total Operating Expense for the trailing twelve months (TTM) ended in Dec. 2025 was S$21.9 Mil.

Union Steel Holdings Total Operating Expense Related Terms

Union Steel Holdings Total Operating Expense Historical Data

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The historical data trend for Union Steel Holdings's Total Operating 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.

Union Steel Holdings Total Operating Expense Chart

Union Steel Holdings Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.26 13.27 19.37 19.91 22.23

Union Steel Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Total Operating 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 10.49 9.85 11.67 11.33 10.55
SGX:ZB9
45GF Score
Union Steel Holdings Ltd SGX:ZB9
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Union Steel Holdings Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was S$21.9 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.

What does a Total Operating Expense of S$21.9 Mil mean?
Union Steel Holdings (SGX:ZB9) has a Total Operating Expense of S$21.9 Mil as of Dec. 2025. Total operating expense is the primary recurring expense associated with central operations. View historical data on Union Steel Holdings and its competitors.
Is Union Steel Holdings' Total Operating Expense too high?
Union Steel Holdings' current Total Operating Expense is S$21.9 Mil. Overall, Union Steel Holdings has a GF Score™ of 45/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Union Steel Holdings' Total Operating Expense compare to WM and RSG?
Union Steel Holdings' Total Operating Expense of S$21.9 Mil can be compared against companies in the Waste Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Operating Expense for a Waste Management company?
A good Total Operating Expense depends on the Waste Management industry context. However, Total Operating 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 Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Union Steel Holdings and its competitors. Union Steel Holdings's current Total Operating Expense is S$21.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Union Steel Holdings stock overvalued right now?
Based on GuruFocus' analysis, Union Steel Holdings (SGX:ZB9) is currently considered Fairly Valued. The stock's GF Value™ is S$0.50, compared to a current price of S$0.48 — trading 4% below its estimated fair value. The current Total Operating Expense is S$21.9 Mil. Union Steel Holdings' overall GF Score™ is 45/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Union Steel Holdings (SGX:ZB9), the current Total Operating Expense is S$21.9 Mil 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 Union Steel Holdings (SGX:ZB9) Overvalued in 2026?

Based on GuruFocus' analysis, Union Steel Holdings stock appears to be undervalued. The current stock price of S$0.48 is trading 4% below its estimated GF Value™ of S$0.50. GuruFocus considers Union Steel Holdings to be Fairly Valued.

Key valuation signals for SGX:ZB9:

  • Total Operating Expense: S$21.9 Mil
  • GF Value™: S$0.50 vs. price of S$0.48 (4% below fair value)
  • GF Score™: 45/100 with 5 warning signs

No single metric tells the full story. See the SGX:ZB9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Union Steel Holdings Business Description

Address 33 Pioneer Road North, Singapore, SGP, 628474
Union Steel Holdings Ltd is an investment holding company. Its operating segments are Metals, which include import and export of scrap metals, waste collection services, trading, and leasing of metal products.; Scaffolding that provides scaffolding services and related consultancy services; Engineering, including civil construction and engineering work, manufacturing of motor vehicle bodies, and sale and rental of marine deck equipment; and Others that include income from the rental of properties. The company generates the majority of revenue from the Metals segment. Geographically, the company operates mainly in Singapore, followed by India, Thailand, Malaysia, Indonesia, Pakistan, China, Bangladesh, and Other Countries.
45GF Score

Get the complete analysis for SGX:ZB9

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

S$0.48
Price
S$0.50
GF Value