What is Low Keng Huat (Singapore) Return-on-Tangible-Equity?
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Low Keng Huat (Singapore)'s annualized net income for the quarter that ended in Jan. 2024 was S$0.7 Mil. Low Keng Huat (Singapore)'s average shareholder tangible equity for the quarter that ended in Jan. 2024 was S$611.0 Mil. Therefore, Low Keng Huat (Singapore)'s annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2024 was 0.11%.
The historical rank and industry rank for Low Keng Huat (Singapore)'s Return-on-Tangible-Equity or its related term are showing as below:
SGX:F1E'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -5 Med: 2.86 Max: 29.21
Current: -0.18
During the past 13 years, Low Keng Huat (Singapore)'s highest Return-on-Tangible-Equity was 29.21%. The lowest was -5.00%. And the median was 2.86%.
SGX:F1E's Return-on-Tangible-Equity is ranked worse than 65.48% of 1764
companies
in the Real Estate industry
Industry Median: 3.015
vs SGX:F1E: -0.18
Low Keng Huat (Singapore) Return-on-Tangible-Equity Historical Data
The historical data trend for Low Keng Huat (Singapore)'s Return-on-Tangible-Equity 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.
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Low Keng Huat (Singapore) Return-on-Tangible-Equity Chart
Competitive Comparison of Low Keng Huat (Singapore)'s Return-on-Tangible-Equity
For the Real Estate - Development subindustry, Low Keng Huat (Singapore)'s Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.
Low Keng Huat (Singapore)'s Return-on-Tangible-Equity Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, Low Keng Huat (Singapore)'s Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Low Keng Huat (Singapore)'s Return-on-Tangible-Equity falls into.
Low Keng Huat (Singapore) Return-on-Tangible-Equity Calculation
Low Keng Huat (Singapore)'s annualized Return-on-Tangible-Equity for the fiscal year that ended in Jan. 2024 is calculated as
* 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 Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is two times the semi-annual (Jan. 2024) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
Low Keng Huat (Singapore) (SGX:F1E) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity 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 Return-on-Tangible-Equitys can be extremely high.
Low Keng Huat (Singapore) Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of Low Keng Huat (Singapore)'s Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Low Keng Huat (Singapore) (SGX:F1E) Business Description
Low Keng Huat (Singapore) Ltd is a Singapore based builder engaged in the business segments which include Development, Hotels, and Investments. The Development segment is engaged in the development of properties, Hotel segment is engaged in owning and operating hotels and restaurants, and Investments segment is engaged in investment in properties and shares in quoted and unquoted equities. Geographically, the group has a business presence in Singapore, Australia, and other countries, of which key revenue is generated from Singapore.
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