Old Chang KeeSGX:5ML +0.85%44 ROE % is 14.47% as of Mar. 2026, which is 8% below its 10-year median of 15.75. GuruFocus rates SGX:5ML with a GF Score™ of 44/100 and a GF Value™ of S$0.80 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 345 Restaurants companies, Old Chang Kee ranks better than 72.17% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Old Chang Kee's annualized net income for the quarter that ended in Mar. 2026 was S$9.1 Mil. Old Chang Kee's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was S$62.7 Mil. Therefore, Old Chang Kee's annualized ROE % for the quarter that ended in Mar. 2026 was 14.47%.
The historical rank and industry rank for Old Chang Kee's ROE % or its related term are showing as below:
SGX:5ML'
s ROE % Range Over the Past 10 Years
Min: 3.1 Med: 15.75 Max: 29.07
Current: 15.69
During the past 13 years, Old Chang Kee's highest ROE % was 29.07%. The lowest was 3.10%. And the median was 15.75%.
SGX:5ML's ROE % is ranked better than 72.17% of 345
companies
in the Restaurants industry
Industry Median: 6.42
vs SGX:5ML: 15.69
Old Chang Kee (SGX:5ML) 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:
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.
Old Chang Kee ROE % Related Terms
Old Chang Kee ROE % Historical Data
* Premium members only.
The historical data trend for Old Chang Kee'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.
For the Restaurants subindustry, Old Chang Kee'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.
Old Chang Kee ROE % vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Old Chang Kee's ROE % distribution charts can be found below:
* The bar in red indicates where Old Chang Kee's ROE % 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 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.
Old Chang Kee (SGX:5ML) has a ROE % of 14.47% 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 Old Chang Kee and its competitors. This is near median its historical median of 15.75. Over the past decade, Old Chang Kee's ROE % has ranged from 3.10 to 29.07. According to the industry distribution chart, Old Chang Kee ranks #96 out of 345 companies in the Restaurants industry, placing it in the top 27.8%.
Is Old Chang Kee's ROE % too high?
Old Chang Kee's current ROE % of 14.47% is near median its 10-year median of 15.75. Over the past 10 years, this metric has ranged from a low of 3.10 to a high of 29.07. The Restaurants industry median ROE % is 6.42. Old Chang Kee's value of 14.47% is 125.4% above this industry median. Based on the distribution chart, Old Chang Kee ranks #96 out of 345 companies in the Restaurants industry, which is above the industry midpoint. Overall, Old Chang Kee has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Old Chang Kee's ROE % compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Old Chang Kee ranks #96 out of 345 companies for ROE %. This puts Old Chang Kee in the upper half of its industry. The industry median ROE % is 6.42. Old Chang Kee's value of 14.47% is 125.4% above this benchmark. Historically, Old Chang Kee's own ROE % has ranged from 3.10 to 29.07 over the past decade. While the company's 10-year median is 15.75 vs. the industry median of 6.42, Old Chang Kee 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 Restaurants company?
The median ROE % among Restaurants companies is 6.42, based on 345 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. Old Chang Kee's current ROE % of 14.47% is 125.4% 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 Old Chang Kee and its competitors. For the Restaurants industry, the median ROE % is 6.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Old Chang Kee's current ROE % is 14.47%, which is near median its own 10-year median of 15.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Old Chang Kee stock overvalued right now?
Based on GuruFocus' analysis, Old Chang Kee (SGX:5ML) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.80, compared to a current price of S$1.18 — trading 47.5% above its estimated fair value. The current ROE % is 14.47%, which is near median its 10-year median of 15.75 and 125.4% above the Restaurants industry median of 6.42. Old Chang Kee's overall GF Score™ is 44/100 with 5 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 Old Chang Kee (SGX:5ML), the current ROE % is 14.47% 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.
Is Old Chang Kee (SGX:5ML) Overvalued in 2026?
Based on GuruFocus' analysis, Old Chang Kee stock appears to be overvalued.
The current stock price of S$1.18 is trading 47.5% above its estimated GF Value™ of S$0.80.
GuruFocus considers Old Chang Kee to be Significantly Overvalued.
Key valuation signals for SGX:5ML:
ROE %: 14.47% (near median its 10-year median of 15.75)
GF Value™: S$0.80 vs. price of S$1.18 (47.5% above fair value)
Industry Position: 125.4% above the Restaurants median (#96 of 345)
No single metric tells the full story. See the SGX:5ML stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Old Chang Kee Ltd is engaged in the manufacturing and distribution of food products. The company's products include curry puffs, fishballs, chicken nuggets, and chicken wings. It also provides catering services in Singapore. The company's geographical segments include Singapore, Australia, and Malaysia, and a majority of its revenue is derived from Singapore. The company is engaged in the manufacture and sale of food products under brands such as Old Chang Kee, the Curry Times, and Dip n Go.
44GF Score
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