BEC (BRC Asia Ltd) vs FTSE Straits Times Singapore Comparison

BEC

FTSE Straits Times Singapore

Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

Select Stock to Compare

Performance Gap Between BEC and STI

Show

BEC

FTSE Straits Times Singapore

Add Stock

Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

Select Stock to Compare

FTSE Straits Times Singapore

BEC

VOLARA

BALY

Add Stock

1Y 3Y 5Y 10Y 15Y 20Y

Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

Select Stock to Compare

BRC Asia Ltd
Glance View

Market Cap

1.2B SGD

Industry

Building

BRC Asia Ltd. engages in the prefabrication of steel reinforcement for use in concrete, trading of steel reinforcing bars. The firm operates through two segments: fabrication and manufacturing, and other. The fabrication and manufacturing segment is involved in the business of prefabrication of steel reinforcement for use in concrete, trading of steel reinforcing bars, and manufacturing and sale of wire mesh fences. Its others segment relates to property development and interest in associate who operates in the business of management of airport, hotel and resort and property development. The Company’s products include Rebar, BRC Weldfence, Cages, Wires and Mesh. The company offers two solutions, prefabrication services and cut and bend. Prefabrication is a method for improving site productivity. By delivering the cut and bend bars services in the required shape, size and quantity, builders are able to plan their use of site space, such as reducing the need for onsite storage and worker deployment.

View BEC Analysis

BEC Intrinsic Value

Show

What is Intrinsic Value?

Economic Moat is a concept popularized by Warren Buffett to describe a company's durable competitive advantage. It represents the 'moat' that protects a company from competitors and helps it sustain profitability over the long term. Our analysis of the past 10 years showed that companies with a wide economic moat significantly outperformed the market, delivering +645% returns compared to +189% for the S&P 500.

Our research into Economic Moat performance spans the past 10 years and focuses on companies with a wide economic moat. For this analysis, we calculated the average stock price returns of these companies, comparing them to the performance of the S&P 500 index over the same period.

The results were compelling: wide moat stocks achieved a remarkable +645% average return, compared to +188% for the broader market. This difference highlights the long-term benefits of investing in businesses that can maintain their market position and pricing power over time.

Note: This research does not account for survivorship bias. Past performance is not indicative of future results.

Determining whether a company has an economic moat requires both a deep dive into financial metrics and a qualitative assessment of its competitive position. Our analysts conduct a rigorous evaluation that focuses on identifying structural advantages that enable a company to sustain profitability and defend its market share over the long term.

The process begins with an analysis of a company’s historical financial performance. We assess how consistently the company has generated returns above its cost of capital and whether those returns have been stable or improving. However, financial performance alone doesn’t reveal the full picture. To understand the sources of these advantages, we evaluate five key drivers of economic moats:

Network Effect: We analyze whether the value of a company’s product or service grows as its user base expands. Platforms like payment systems or marketplaces benefit from this self-reinforcing.

Switching Costs: We assess whether customers face significant costs or disruptions when switching to a competitor’s product or service. High switching costs create customer stickiness and provide pricing power.

Intangible Assets: Strong brands, patents, and regulatory licenses can protect a company’s market position by creating barriers for competitors or enabling premium pricing. For example, a well-recognized consumer brand may command higher customer loyalty and margins.

Efficient scale: Occurs when a market is optimally served by one or a few players, making it unprofitable for new entrants to compete. This typically happens in industries with high fixed costs or geographic constraints, such as utilities or pipelines.

Cost Advantage: Companies with structural cost advantages can produce goods or services at a lower cost than their competitors, enabling them to offer competitive pricing or maintain higher margins. These advantages often arise from economies of scale, superior supply chain management, or proprietary technology. Firms like Walmart leverage their massive scale to negotiate better terms with suppliers, allowing them to undercut competitors on price.

By examining these factors in combination with a company’s financial performance and market positioning, we classify each company into one of three categories:

This rigorous evaluation ensures that our moat ratings are both comprehensive and reliable, giving investors the tools they need to make well-informed, long-term decisions.

BEC

vs

F
FTSE Straits Times Singapore

Stocks Performance
BEC vs FTSE Straits Times Singapore

Performance Gap
BEC vs FTSE Straits Times Singapore

Performance By Year
BEC vs FTSE Straits Times Singapore

Competitors Performance
BRC Asia Ltd vs Peers

BRC Asia Ltd
Glance View

Company

Help

Tools

Stocks

BEC vs F FTSE Straits Times Singapore

Stocks Performance BEC vs FTSE Straits Times Singapore

Performance Gap BEC vs FTSE Straits Times Singapore

Performance By Year BEC vs FTSE Straits Times Singapore

Competitors Performance BRC Asia Ltd vs Peers

BRC Asia Ltd Glance View

Company

Help

Tools

Stocks

BEC

vs

F
FTSE Straits Times Singapore

Stocks Performance
BEC vs FTSE Straits Times Singapore

Performance Gap
BEC vs FTSE Straits Times Singapore

Performance By Year
BEC vs FTSE Straits Times Singapore

Competitors Performance
BRC Asia Ltd vs Peers

BRC Asia Ltd
Glance View