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Tung Lok Restaurants(2000)SGX:540 Return-on-Tangible-Equity is 15.21% as of Mar. 2026. The stock has 2 warning signs investors should review. Among 332 Restaurants companies, Tung Lok Restaurants(2000) ranks worse than 83.13% on this metric.
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. Tung Lok Restaurants(2000)'s annualized net income for the quarter that ended in Mar. 2026 was S$1.69 Mil. Tung Lok Restaurants(2000)'s average shareholder tangible equity for the quarter that ended in Mar. 2026 was S$11.09 Mil. Therefore, Tung Lok Restaurants(2000)'s annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 15.21%.
The historical rank and industry rank for Tung Lok Restaurants(2000)'s Return-on-Tangible-Equity or its related term are showing as below:
SGX:540'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -18.62 Med: -6.48 Max: 30.49
Current: -14.02
During the past 13 years, Tung Lok Restaurants(2000)'s highest Return-on-Tangible-Equity was 30.49%. The lowest was -18.62%. And the median was -6.48%.
SGX:540's Return-on-Tangible-Equity is ranked worse than 83.13% of 332
companies
in the Restaurants industry
Industry Median: 8.725
vs SGX:540: -14.02
Tung Lok Restaurants(2000) (SGX:540) 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.
Tung Lok Restaurants(2000) Return-on-Tangible-Equity Related Terms
Tung Lok Restaurants(2000) Return-on-Tangible-Equity Historical Data
* 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.
Tung Lok Restaurants(2000) Return-on-Tangible-Equity Chart
SGX:540 vs MCD, SBUX, YUM: Return-on-Tangible-Equity Comparison
For the Restaurants subindustry, Tung Lok Restaurants(2000)'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.
Tung Lok Restaurants(2000) Return-on-Tangible-Equity vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Tung Lok Restaurants(2000)'s Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Tung Lok Restaurants(2000)'s Return-on-Tangible-Equity falls into.
* 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 (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 15.21% mean?
Tung Lok Restaurants(2000) (SGX:540) has a Return-on-Tangible-Equity of 15.21% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Tung Lok Restaurants(2000) and its competitors. According to the industry distribution chart, Tung Lok Restaurants(2000) ranks #276 out of 332 companies in the Restaurants industry, placing it in the top 83.1%.
Is Tung Lok Restaurants(2000)'s Return-on-Tangible-Equity too high?
Tung Lok Restaurants(2000)'s current Return-on-Tangible-Equity is 15.21%. The Restaurants industry median Return-on-Tangible-Equity is 8.73. Tung Lok Restaurants(2000)'s value of 15.21% is 74.3% above this industry median. Based on the distribution chart, Tung Lok Restaurants(2000) ranks #276 out of 332 companies in the Restaurants industry, which is in the bottom quartile relative to peers.
How does Tung Lok Restaurants(2000)'s Return-on-Tangible-Equity compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Tung Lok Restaurants(2000) ranks #276 out of 332 companies for Return-on-Tangible-Equity. This places Tung Lok Restaurants(2000) in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.73. Tung Lok Restaurants(2000)'s value of 15.21% is 74.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Restaurants company?
The median Return-on-Tangible-Equity among Restaurants companies is 8.73, based on 332 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tung Lok Restaurants(2000)'s current Return-on-Tangible-Equity of 15.21% is 74.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Tung Lok Restaurants(2000) and its competitors. For the Restaurants industry, the median Return-on-Tangible-Equity is 8.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tung Lok Restaurants(2000)'s current Return-on-Tangible-Equity is 15.21%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tung Lok Restaurants(2000) stock overvalued right now?
Based on GuruFocus' analysis, Tung Lok Restaurants(2000) (SGX:540) is currently considered Possible Value Trap. The stock's GF Value™ is S$0.09, compared to a current price of S$0.05 — trading 40% below its estimated fair value. The current Return-on-Tangible-Equity is 15.21% and 74.3% above the Restaurants industry median of 8.73. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Tung Lok Restaurants(2000) (SGX:540), the current Return-on-Tangible-Equity is 15.21% 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.
Tung Lok Restaurants(2000) Ltd operates restaurant chains. In addition, the company also provides outdoor events catering services. Its restaurants include LingZhi Vegetarian, Dancing Crab, TungLok Teahouse, Slappy Cakes, My Humble House, and TungLok Signatures. The company generates the majority of its revenue from Singapore. It operates in the business segments namely; Restaurant, Catering, Manufacturing, and Other. The Restaurant segment generates the majority of revenue for the company.
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