CDEVF (City Developments) ROE %: 11.53% (As of Dec. 2025) — 107% Above Median


CDEVF City Developments Ltd CDEVF
67 GF Score
Price $6.49
GF Value $4.55
Valuation Significantly Overvalued
! 7 Warning Signs
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What is City Developments ROE %?

City Developments CDEVF -3.85% 67 ROE % is 11.53% as of Dec. 2025, which is 107% above its 10-year median of 5.57. GuruFocus rates CDEVF with a GF Score™ of 67/100 and a GF Value™ of $4.55 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,732 Real Estate companies, City Developments ranks better than 62.24% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. City Developments's annualized net income for the quarter that ended in Dec. 2025 was $834 Mil. City Developments's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was $7,235 Mil. Therefore, City Developments's annualized ROE % for the quarter that ended in Dec. 2025 was 11.53%.

The historical rank and industry rank for City Developments's ROE % or its related term are showing as below:

CDEVF' s ROE % Range Over the Past 10 Years
Min: -20.16   Med: 5.57   Max: 14.59
Current: 6.82

During the past 13 years, City Developments's highest ROE % was 14.59%. The lowest was -20.16%. And the median was 5.57%.

CDEVF's ROE % is ranked better than
62.24% of 1732 companies
in the Real Estate industry
Industry Median: 3.98 vs CDEVF: 6.82

City Developments  (OTCPK:CDEVF) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=834.446/7234.763
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(834.446 / 2942.896)*(2942.896 / 20514.6855)*(20514.6855 / 7234.763)
=Net Margin %*Asset Turnover*Equity Multiplier
=28.35 %*0.1435*2.8356
=ROA %*Equity Multiplier
=4.07 %*2.8356
=11.53 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=834.446/7234.763
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (834.446 / 978.752) * (978.752 / 178.334) * (178.334 / 2942.896) * (2942.896 / 20514.6855) * (20514.6855 / 7234.763)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8526 * 5.4883 * 6.06 % * 0.1435 * 2.8356
=11.53 %

Note: The net income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.


City Developments ROE % Related Terms


City Developments ROE % Historical Data

* Premium members only.

The historical data trend for City Developments's ROE % 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.

City Developments ROE % Chart

City Developments Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.99 14.65 3.48 2.19 6.89

City Developments Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROE % 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 5.53 1.91 2.51 2.07 11.53

City Developments ROE % Competitor Comparison

For the Real Estate - Development subindustry, City Developments's ROE %, along with its competitors' market caps and ROE % 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.


City Developments ROE % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, City Developments's ROE % distribution charts can be found below:

* The bar in red indicates where City Developments's ROE % falls into.


CDEVF
67GF Score
City Developments Ltd CDEVF
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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City Developments ROE % Calculation

City Developments's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=487.862/( (6730.073+7431.292)/ 2 )
=487.862/7080.6825
=6.89 %

City Developments's annualized ROE % for the quarter that ended in Dec. 2025 is calculated as

ROE %=Net Income (Q: Dec. 2025 )/( (Total Stockholders Equity (Q: Jun. 2025 )+Total Stockholders Equity (Q: Dec. 2025 ))/ count )
=834.446/( (7038.234+7431.292)/ 2 )
=834.446/7234.763
=11.53 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder 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. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 11.53% mean?
City Developments (CDEVF) has a ROE % of 11.53% as of Dec. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on City Developments and its competitors. This is 107% above median its historical median of 5.57. According to the industry distribution chart, City Developments ranks #654 out of 1732 companies in the Real Estate industry, placing it in the top 37.8%.
Is City Developments' ROE % too high?
City Developments' current ROE % of 11.53% is 107% above median its 10-year median of 5.57. The Real Estate industry median ROE % is 3.98. City Developments' value of 11.53% is 189.7% above this industry median. Based on the distribution chart, City Developments ranks #654 out of 1732 companies in the Real Estate industry, which is above the industry midpoint. Overall, City Developments has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does City Developments' ROE % compare to competitors?
According to the Real Estate industry distribution chart, City Developments ranks #654 out of 1732 companies for ROE %. This puts City Developments in the upper half of its industry. The industry median ROE % is 3.98. City Developments' value of 11.53% is 189.7% above this benchmark. While the company's 10-year median is 5.57 vs. the industry median of 3.98, City Developments 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 ROE % for a Real Estate company?
The median ROE % among Real Estate companies is 3.98, based on 1,732 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. City Developments's current ROE % of 11.53% is 189.7% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on City Developments and its competitors. For the Real Estate industry, the median ROE % is 3.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. City Developments's current ROE % is 11.53%, which is 107% above median its own 10-year median of 5.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is City Developments stock overvalued right now?
Based on GuruFocus' analysis, City Developments (CDEVF) is currently considered Significantly Overvalued. The stock's GF Value™ is $4.55, compared to a current price of $6.49 — trading 42.6% above its estimated fair value. The current ROE % is 11.53%, which is 107% above median its 10-year median of 5.57 and 189.7% above the Real Estate industry median of 3.98. City Developments' overall GF Score™ is 67/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For City Developments (CDEVF), the current ROE % is 11.53% 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 City Developments (CDEVF) Overvalued in 2026?

Based on GuruFocus' analysis, City Developments stock appears to be overvalued. The current stock price of $6.49 is trading 42.6% above its estimated GF Value™ of $4.55. GuruFocus considers City Developments to be Significantly Overvalued.

Key valuation signals for CDEVF:

  • ROE %: 11.53% (107% above median its 10-year median of 5.57)
  • GF Value™: $4.55 vs. price of $6.49 (42.6% above fair value)
  • GF Score™: 67/100 with 7 warning signs
  • Industry Position: 189.7% above the Real Estate median (#654 of 1732)

No single metric tells the full story. See the CDEVF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


City Developments Business Description

Address 9 Raffles Place, No. 12-01 Republic Plaza, Singapore, SGP, 048619
City Developments Ltd operates as a property developer and owner, and investment holding company. Along with its subsidiaries, its principal activities are those of property developers and owners, hotel owners and operators, a club operator and owner, investment in properties and in shares, property management, project management, and provision of consultancy, procurement, and laundry services. The company's reportable segments are; Property development, Hotel operations, and Investment properties. The majority of the revenue is generated from its Property development segment which develops and purchases properties for sale. Key revenue for the company is generated from its operations in Singapore and the rest from Japan, China, the United States, United Kingdom, and other regions.
67GF Score

Get the complete analysis for CDEVF

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$6.49
Price
$4.55
GF Value