Tung Lok Restaurants(2000) (SGX:540) ROE %: 15.21% (As of Mar. 2026)


What is Tung Lok Restaurants(2000) ROE %?

Tung Lok Restaurants(2000) SGX:540 ROE % is 15.21% as of Mar. 2026. The stock has 2 warning signs investors should review. Among 343 Restaurants companies, Tung Lok Restaurants(2000) ranks worse than 81.63% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Tung Lok Restaurants(2000)'s annualized net income for the quarter that ended in Mar. 2026 was S$1.69 Mil. Tung Lok Restaurants(2000)'s average Total Stockholders Equity over the quarter that ended in Mar. 2026 was S$11.09 Mil. Therefore, Tung Lok Restaurants(2000)'s annualized ROE % for the quarter that ended in Mar. 2026 was 15.21%.

The historical rank and industry rank for Tung Lok Restaurants(2000)'s ROE % or its related term are showing as below:

SGX:540' s ROE % Range Over the Past 10 Years
Min: -18.62   Med: -6.48   Max: 30.49
Current: -14.02

During the past 13 years, Tung Lok Restaurants(2000)'s highest ROE % was 30.49%. The lowest was -18.62%. And the median was -6.48%.

SGX:540's ROE % is ranked worse than
81.63% of 343 companies
in the Restaurants industry
Industry Median: 6.56 vs SGX:540: -14.02

Tung Lok Restaurants(2000)  (SGX:540) 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: Mar. 2026 )
=Net Income/Total Stockholders Equity
=1.686/11.085
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1.686 / 85.062)*(85.062 / 49.6815)*(49.6815 / 11.085)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.98 %*1.7121*4.4819
=ROA %*Equity Multiplier
=3.39 %*4.4819
=15.21 %

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: Mar. 2026 )
=Net Income/Total Stockholders Equity
=1.686/11.085
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1.686 / 1.676) * (1.676 / 2.678) * (2.678 / 85.062) * (85.062 / 49.6815) * (49.6815 / 11.085)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.006 * 0.6258 * 3.15 % * 1.7121 * 4.4819
=15.21 %

Note: The net income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (Mar. 2026) 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.


Tung Lok Restaurants(2000) ROE % Related Terms


Tung Lok Restaurants(2000) ROE % Historical Data

* Premium members only.

The historical data trend for Tung Lok Restaurants(2000)'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.

Tung Lok Restaurants(2000) ROE % Chart

Tung Lok Restaurants(2000) Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -14.60 30.49 12.88 -12.07 -13.51

Tung Lok Restaurants(2000) Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 23.74 -36.83 13.06 -41.03 15.21

SGX:540 vs MCD, SBUX, YUM: ROE % Comparison

For the Restaurants subindustry, Tung Lok Restaurants(2000)'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.


Tung Lok Restaurants(2000) ROE % vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Tung Lok Restaurants(2000)'s ROE % distribution charts can be found below:

* The bar in red indicates where Tung Lok Restaurants(2000)'s ROE % falls into.



Tung Lok Restaurants(2000) ROE % Calculation

Tung Lok Restaurants(2000)'s annualized ROE % for the fiscal year that ended in Mar. 2026 is calculated as

ROE %=Net Income (A: Mar. 2026 )/( (Total Stockholders Equity (A: Mar. 2025 )+Total Stockholders Equity (A: Mar. 2026 ))/ count )
=-1.667/( (13.489+11.191)/ 2 )
=-1.667/12.34
=-13.51 %

Tung Lok Restaurants(2000)'s annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Sep. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=1.686/( (10.979+11.191)/ 2 )
=1.686/11.085
=15.21 %

* 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 (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 15.21% mean?
Tung Lok Restaurants(2000) (SGX:540) has a ROE % of 15.21% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Tung Lok Restaurants(2000) and its competitors. According to the industry distribution chart, Tung Lok Restaurants(2000) ranks #280 out of 343 companies in the Restaurants industry, placing it in the top 81.6%.
Is Tung Lok Restaurants(2000)'s ROE % too high?
Tung Lok Restaurants(2000)'s current ROE % is 15.21%. The Restaurants industry median ROE % is 6.56. Tung Lok Restaurants(2000)'s value of 15.21% is 131.9% above this industry median. Based on the distribution chart, Tung Lok Restaurants(2000) ranks #280 out of 343 companies in the Restaurants industry, which is in the bottom quartile relative to peers.
How does Tung Lok Restaurants(2000)'s ROE % compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Tung Lok Restaurants(2000) ranks #280 out of 343 companies for ROE %. This places Tung Lok Restaurants(2000) in the lower half of its industry. The industry median ROE % is 6.56. Tung Lok Restaurants(2000)'s value of 15.21% is 131.9% above this benchmark. 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 Restaurants company?
The median ROE % among Restaurants companies is 6.56, based on 343 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. Tung Lok Restaurants(2000)'s current ROE % of 15.21% is 131.9% 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 Tung Lok Restaurants(2000) and its competitors. For the Restaurants industry, the median ROE % is 6.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tung Lok Restaurants(2000)'s current ROE % is 15.21%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tung Lok Restaurants(2000) stock overvalued right now?
Based on GuruFocus' analysis, Tung Lok Restaurants(2000) (SGX:540) is currently considered Possible Value Trap. The stock's GF Value™ is S$0.09, compared to a current price of S$0.05 — trading 40% below its estimated fair value. The current ROE % is 15.21% and 131.9% above the Restaurants industry median of 6.56. 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 Tung Lok Restaurants(2000) (SGX:540), the current ROE % is 15.21% as of Mar. 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.

Tung Lok Restaurants(2000) Business Description

Address 26 Tai Seng Street, Number 02-01, Singapore, SGP, 534057
Tung Lok Restaurants(2000) Ltd operates restaurant chains. In addition, the company also provides outdoor events catering services. Its restaurants include LingZhi Vegetarian, Dancing Crab, TungLok Teahouse, Slappy Cakes, My Humble House, and TungLok Signatures. The company generates the majority of its revenue from Singapore. It operates in the business segments namely; Restaurant, Catering, Manufacturing, and Other. The Restaurant segment generates the majority of revenue for the company.