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Courage Investment GroupSGX:CIN 45 Return-on-Tangible-Equity is -5.74% as of Jun. 2025. GuruFocus rates SGX:CIN with a GF Score™ of 45/100 and a GF Value™ of S$0.01 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 976 Transportation companies, Courage Investment Group ranks worse than 83.81% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Courage Investment Group's annualized net income for the quarter that ended in Jun. 2025 was S$-4.38 Mil. Courage Investment Group's average shareholder tangible equity for the quarter that ended in Jun. 2025 was S$76.35 Mil. Therefore, Courage Investment Group's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2025 was -5.74%.
The historical rank and industry rank for Courage Investment Group's Return-on-Tangible-Equity or its related term are showing as below:
SGX:CIN'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -81.09 Med: 1.12 Max: 37.33
Current: -0.64
During the past 13 years, Courage Investment Group's highest Return-on-Tangible-Equity was 37.33%. The lowest was -81.09%. And the median was 1.12%.
SGX:CIN's Return-on-Tangible-Equity is ranked worse than 83.81% of 976
companies
in the Transportation industry
Industry Median: 8.87
vs SGX:CIN: -0.64
Courage Investment Group (SGX:CIN) 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.
Courage Investment Group Return-on-Tangible-Equity Related Terms
Courage Investment Group Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Courage Investment Group'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.
Courage Investment Group Return-on-Tangible-Equity Chart
Courage Investment Group Return-on-Tangible-Equity Competitor Comparison
For the Marine Shipping subindustry, Courage Investment Group'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.
Courage Investment Group Return-on-Tangible-Equity vs Transportation Industry
For the Transportation industry and Industrials sector, Courage Investment Group's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Courage Investment Group'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 (Jun. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -5.74% mean?
Courage Investment Group (SGX:CIN) has a Return-on-Tangible-Equity of -5.74% as of Jun. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Courage Investment Group and its competitors. According to the industry distribution chart, Courage Investment Group ranks #818 out of 976 companies in the Transportation industry, placing it in the top 83.8%.
Is Courage Investment Group's Return-on-Tangible-Equity too high?
Courage Investment Group's current Return-on-Tangible-Equity is -5.74%. Based on the distribution chart, Courage Investment Group ranks #818 out of 976 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Courage Investment Group has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Courage Investment Group's Return-on-Tangible-Equity compare to competitors?
According to the Transportation industry distribution chart, Courage Investment Group ranks #818 out of 976 companies for Return-on-Tangible-Equity. This places Courage Investment Group in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.87. 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 Transportation company?
The median Return-on-Tangible-Equity among Transportation companies is 8.87, based on 976 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. 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 Courage Investment Group and its competitors. For the Transportation industry, the median Return-on-Tangible-Equity is 8.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Courage Investment Group's current Return-on-Tangible-Equity is -5.74%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Courage Investment Group stock overvalued right now?
Based on GuruFocus' analysis, Courage Investment Group (SGX:CIN) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.01, compared to a current price of S$0.02 — trading 60% above its estimated fair value. The current Return-on-Tangible-Equity is -5.74%. Courage Investment Group's overall GF Score™ is 45/100 with 2 warning signs to review. 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 Courage Investment Group (SGX:CIN), the current Return-on-Tangible-Equity is -5.74% as of Jun. 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 Courage Investment Group (SGX:CIN) Overvalued in 2026?
Based on GuruFocus' analysis, Courage Investment Group stock appears to be overvalued.
The current stock price of S$0.02 is trading 60% above its estimated GF Value™ of S$0.01.
GuruFocus considers Courage Investment Group to be Significantly Overvalued.
Key valuation signals for SGX:CIN:
Return-on-Tangible-Equity: -5.74%
GF Value™: S$0.01 vs. price of S$0.02 (60% above fair value)
No single metric tells the full story. See the SGX:CIN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Courage Investment Group Ltd is an investment holding company. The company's reportable segments include Marine transportation, Merchandise trading, Property holding and investment, and Investment holding. It generates maximum revenue from the Marine transportation segment, which comprises mainly the vessel chartering business. Geographically, it derives a majority of its revenue from Hong Kong.
45GF Score
Get the complete analysis for SGX:CIN
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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