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Grand Banks YachtsSGX:G50 +3.42%74 Return-on-Tangible-Equity is 19.97% as of Jun. 2026, which is 93% above its 10-year median of 10.34. GuruFocus rates SGX:G50 with a GF Score™ of 74/100 and a GF Value™ of S$0.69 (Fairly Valued). The stock has 7 warning signs investors should review. Among 795 Travel & Leisure companies, Grand Banks Yachts ranks better than 63.52% 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. Grand Banks Yachts's annualized net income for the quarter that ended in Jun. 2026 was S$20.9 Mil. Grand Banks Yachts's average shareholder tangible equity for the quarter that ended in Jun. 2026 was S$104.7 Mil. Therefore, Grand Banks Yachts's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 19.97%.
The historical rank and industry rank for Grand Banks Yachts's Return-on-Tangible-Equity or its related term are showing as below:
SGX:G50'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.41 Med: 10.34 Max: 29.97
Current: 13.16
During the past 13 years, Grand Banks Yachts's highest Return-on-Tangible-Equity was 29.97%. The lowest was 1.41%. And the median was 10.34%.
SGX:G50's Return-on-Tangible-Equity is ranked better than 63.52% of 795
companies
in the Travel & Leisure industry
Industry Median: 7.34
vs SGX:G50: 13.16
Grand Banks Yachts (SGX:G50) 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.
Grand Banks Yachts Return-on-Tangible-Equity Related Terms
Grand Banks Yachts Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Grand Banks Yachts'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.
Grand Banks Yachts Return-on-Tangible-Equity Chart
SGX:G50 vs AS, HAS, LTH: Return-on-Tangible-Equity Comparison
For the Leisure subindustry, Grand Banks Yachts'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.
Grand Banks Yachts Return-on-Tangible-Equity vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Grand Banks Yachts's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Grand Banks Yachts'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. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 19.97% mean?
Grand Banks Yachts (SGX:G50) has a Return-on-Tangible-Equity of 19.97% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Grand Banks Yachts and its competitors. This is 93% above median its historical median of 10.34. Over the past decade, Grand Banks Yachts' Return-on-Tangible-Equity has ranged from 1.41 to 29.97. According to the industry distribution chart, Grand Banks Yachts ranks #290 out of 795 companies in the Travel & Leisure industry, placing it in the top 36.5%.
Is Grand Banks Yachts' Return-on-Tangible-Equity too high?
Grand Banks Yachts' current Return-on-Tangible-Equity of 19.97% is 93% above median its 10-year median of 10.34. Over the past 10 years, this metric has ranged from a low of 1.41 to a high of 29.97. The Travel & Leisure industry median Return-on-Tangible-Equity is 7.34. Grand Banks Yachts' value of 19.97% is 172.1% above this industry median. Based on the distribution chart, Grand Banks Yachts ranks #290 out of 795 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Grand Banks Yachts has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Grand Banks Yachts' Return-on-Tangible-Equity compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Grand Banks Yachts ranks #290 out of 795 companies for Return-on-Tangible-Equity. This puts Grand Banks Yachts in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.34. Grand Banks Yachts' value of 19.97% is 172.1% above this benchmark. Historically, Grand Banks Yachts' own Return-on-Tangible-Equity has ranged from 1.41 to 29.97 over the past decade. While the company's 10-year median is 10.34 vs. the industry median of 7.34, Grand Banks Yachts has consistently been above the industry average. 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 Travel & Leisure company?
The median Return-on-Tangible-Equity among Travel & Leisure companies is 7.34, based on 795 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. Grand Banks Yachts's current Return-on-Tangible-Equity of 19.97% is 172.1% 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 Grand Banks Yachts and its competitors. For the Travel & Leisure industry, the median Return-on-Tangible-Equity is 7.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grand Banks Yachts's current Return-on-Tangible-Equity is 19.97%, which is 93% above median its own 10-year median of 10.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grand Banks Yachts stock overvalued right now?
Based on GuruFocus' analysis, Grand Banks Yachts (SGX:G50) is currently considered Fairly Valued. The stock's GF Value™ is S$0.69, compared to a current price of S$0.76 — trading 9.4% above its estimated fair value. The current Return-on-Tangible-Equity is 19.97%, which is 93% above median its 10-year median of 10.34 and 172.1% above the Travel & Leisure industry median of 7.34. Grand Banks Yachts' overall GF Score™ is 74/100 with 7 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 Grand Banks Yachts (SGX:G50), the current Return-on-Tangible-Equity is 19.97% as of Jun. 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.
Is Grand Banks Yachts (SGX:G50) Overvalued in 2026?
Based on GuruFocus' analysis, Grand Banks Yachts stock appears to be overvalued.
The current stock price of S$0.76 is trading 9.4% above its estimated GF Value™ of S$0.69.
GuruFocus considers Grand Banks Yachts to be Fairly Valued.
Key valuation signals for SGX:G50:
Return-on-Tangible-Equity: 19.97% (93% above median its 10-year median of 10.34)
GF Value™: S$0.69 vs. price of S$0.76 (9.4% above fair value)
Industry Position: 172.1% above the Travel & Leisure median (#290 of 795)
No single metric tells the full story. See the SGX:G50 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Grand Banks Yachts Ltd, along with its subsidiaries, is an investment holding company involved in manufacturing, selling, and exporting luxury yachts overseas. The company has two segments: Manufacturing and Trading, and Others. The Manufacturing and Trading segment involves the manufacturing and sale of yachts to end customers. The Others segment includes ancillary sales such as brokerage income, service income, and sales of trade-in boats. The majority of the company's revenue comes from the Manufacturing and Trading of Yachts segment. Geographically, the company exports its products to the United States of America, Europe, Australia, and Asia, with the United States of America generating the maximum revenue.
74GF Score
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