Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Hotel RoyalSGX:H12 -2.79%81 Return-on-Tangible-Equity is 2.00% as of Dec. 2025, which is 135% above its 10-year median of 0.85. GuruFocus rates SGX:H12 with a GF Score™ of 81/100 and a GF Value™ of S$2.38 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 799 Travel & Leisure companies, Hotel Royal ranks worse than 69.09% 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. Hotel Royal's annualized net income for the quarter that ended in Dec. 2025 was S$14.48 Mil. Hotel Royal's average shareholder tangible equity for the quarter that ended in Dec. 2025 was S$724.63 Mil. Therefore, Hotel Royal's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 2.00%.
The historical rank and industry rank for Hotel Royal's Return-on-Tangible-Equity or its related term are showing as below:
SGX:H12'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -3.18 Med: 0.85 Max: 1.44
Current: 1.4
During the past 13 years, Hotel Royal's highest Return-on-Tangible-Equity was 1.44%. The lowest was -3.18%. And the median was 0.85%.
SGX:H12's Return-on-Tangible-Equity is ranked worse than 69.09% of 799
companies
in the Travel & Leisure industry
Industry Median: 7.69
vs SGX:H12: 1.40
Hotel Royal (SGX:H12) 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.
Hotel Royal Return-on-Tangible-Equity Related Terms
Hotel Royal Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Hotel Royal'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.
SGX:H12 vs MAR, HLT, H: Return-on-Tangible-Equity Comparison
For the Lodging subindustry, Hotel Royal'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.
Hotel Royal Return-on-Tangible-Equity vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Hotel Royal's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Hotel Royal'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 (Dec. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 2.00% mean?
Hotel Royal (SGX:H12) has a Return-on-Tangible-Equity of 2.00% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Hotel Royal and its competitors. This is 135% above median its historical median of 0.85. According to the industry distribution chart, Hotel Royal ranks #552 out of 799 companies in the Travel & Leisure industry, placing it in the top 69.1%.
Is Hotel Royal's Return-on-Tangible-Equity too high?
Hotel Royal's current Return-on-Tangible-Equity of 2.00% is 135% above median its 10-year median of 0.85. The Travel & Leisure industry median Return-on-Tangible-Equity is 7.69. Hotel Royal's value of 2.00% is 74% below this industry median. Based on the distribution chart, Hotel Royal ranks #552 out of 799 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Hotel Royal has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hotel Royal's Return-on-Tangible-Equity compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Hotel Royal ranks #552 out of 799 companies for Return-on-Tangible-Equity. This places Hotel Royal in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.69. Hotel Royal's value of 2.00% is 74% below this benchmark. While the company's 10-year median is 0.85 vs. the industry median of 7.69, Hotel Royal has consistently been below 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 7.69, based on 799 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. Hotel Royal's current Return-on-Tangible-Equity of 2.00% is 74% below 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 Hotel Royal and its competitors. For the Travel & Leisure industry, the median Return-on-Tangible-Equity is 7.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hotel Royal's current Return-on-Tangible-Equity is 2.00%, which is 135% above median its own 10-year median of 0.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hotel Royal stock overvalued right now?
Based on GuruFocus' analysis, Hotel Royal (SGX:H12) is currently considered Modestly Undervalued. The stock's GF Value™ is S$2.38, compared to a current price of S$2.09 — trading 12.2% below its estimated fair value. The current Return-on-Tangible-Equity is 2.00%, which is 135% above median its 10-year median of 0.85 and 74% below the Travel & Leisure industry median of 7.69. Hotel Royal's overall GF Score™ is 81/100 with 4 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 Hotel Royal (SGX:H12), the current Return-on-Tangible-Equity is 2.00% as of Dec. 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 Hotel Royal (SGX:H12) Overvalued in 2026?
Based on GuruFocus' analysis, Hotel Royal stock appears to be undervalued.
The current stock price of S$2.09 is trading 12.2% below its estimated GF Value™ of S$2.38.
GuruFocus considers Hotel Royal to be Modestly Undervalued.
Key valuation signals for SGX:H12:
Return-on-Tangible-Equity: 2.00% (135% above median its 10-year median of 0.85)
GF Value™: S$2.38 vs. price of S$2.09 (12.2% below fair value)
Industry Position: 74% below the Travel & Leisure median (#552 of 799)
No single metric tells the full story. See the SGX:H12 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hotel Royal Ltd is in the business of hotel, property, and financial investment. It owns and operates the hotels under the Hotel Royal brand name and also provides ancillary services such as food and beverage. The group has hotel operations, property Investment and Financial investments segments. It owns and leases investment properties in Singapore, Malaysia, and New Zealand. It also holds financial assets to generate income and potential capital appreciation. The company generates the majority of its revenues from the Hotel operations segment. It operates its business in Singapore, Malaysia, Thailand, and New Zealand. The company derives maximum revenue from Singapore.
81GF Score
Get the complete analysis for SGX:H12
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SGX:H12 has been successfully added to your 
