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SUTL Enterprise (SGX:BHU) Return-on-Tangible-Equity : 10.43% (As of Dec. 2023)


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What is SUTL Enterprise 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. SUTL Enterprise's annualized net income for the quarter that ended in Dec. 2023 was S$6.66 Mil. SUTL Enterprise's average shareholder tangible equity for the quarter that ended in Dec. 2023 was S$63.82 Mil. Therefore, SUTL Enterprise's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 10.43%.

The historical rank and industry rank for SUTL Enterprise's Return-on-Tangible-Equity or its related term are showing as below:

SGX:BHU' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 4.3   Med: 8.62   Max: 13.62
Current: 12.89

During the past 13 years, SUTL Enterprise's highest Return-on-Tangible-Equity was 13.62%. The lowest was 4.30%. And the median was 8.62%.

SGX:BHU's Return-on-Tangible-Equity is ranked better than
60.37% of 757 companies
in the Travel & Leisure industry
Industry Median: 8.16 vs SGX:BHU: 12.89

SUTL Enterprise Return-on-Tangible-Equity Historical Data

The historical data trend for SUTL Enterprise'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.

* Premium members only.

SUTL Enterprise Return-on-Tangible-Equity Chart

SUTL Enterprise Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.30 5.41 8.64 13.06 12.81

SUTL Enterprise Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Return-on-Tangible-Equity 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 8.20 13.66 12.69 15.52 10.43

Competitive Comparison of SUTL Enterprise's Return-on-Tangible-Equity

For the Leisure subindustry, SUTL Enterprise'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.


SUTL Enterprise's Return-on-Tangible-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, SUTL Enterprise's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where SUTL Enterprise's Return-on-Tangible-Equity falls into.



SUTL Enterprise Return-on-Tangible-Equity Calculation

SUTL Enterprise's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=8.091/( (60.715+65.566 )/ 2 )
=8.091/63.1405
=12.81 %

SUTL Enterprise's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=6.656/( (62.08+65.566)/ 2 )
=6.656/63.823
=10.43 %

* 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 (Dec. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


SUTL Enterprise  (SGX:BHU) 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.


SUTL Enterprise Return-on-Tangible-Equity Related Terms

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SUTL Enterprise (SGX:BHU) Business Description

Traded in Other Exchanges
N/A
Address
100J Pasir Panjang Road, SUTL House, Number 05-00, Singapore, SGP, 118525
SUTL Enterprise Ltd develops infrastructure for integrated marinas and also provides consultancy services for marina projects. It operates its own marinas under its proprietary ONE 15 brand, as well as those of third parties under management contracts. The company's source of revenue includes the sale of goods and services, and Membership and management fees. Geographically group is active in Singapore and Malaysia and derives key revenue from Singapore.

SUTL Enterprise (SGX:BHU) Headlines

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