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Courage Investment GroupSGX:CIN 48 ROE % is 5.97% as of Jun. 2026, which is 433% above its 10-year median of 1.12. GuruFocus rates SGX:CIN with a GF Score™ of 48/100 and a GF Value™ of S$0.04 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 999 Transportation companies, Courage Investment Group ranks worse than 62.56% on this metric.
Courage Investment Group (SGX:CIN) 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 (Jun. 2026) net income data. The Revenue data used here is two times the semi-annual (Jun. 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.
* 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.
Courage Investment Group ROE % Competitor Comparison
For the Marine Shipping subindustry, Courage Investment Group'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.
Courage Investment Group ROE % vs Transportation Industry
For the Transportation industry and Industrials sector, Courage Investment Group's ROE % distribution charts can be found below:
* The bar in red indicates where Courage Investment Group'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 (Jun. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Courage Investment Group (SGX:CIN) has a ROE % of 5.97% as of Jun. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Courage Investment Group and its competitors. This is 433% above median its historical median of 1.12. According to the industry distribution chart, Courage Investment Group ranks #625 out of 999 companies in the Transportation industry, placing it in the top 62.6%.
Is Courage Investment Group's ROE % too high?
Courage Investment Group's current ROE % of 5.97% is 433% above median its 10-year median of 1.12. The Transportation industry median ROE % is 7.72. Courage Investment Group's value of 5.97% is 22.7% below this industry median. Based on the distribution chart, Courage Investment Group ranks #625 out of 999 companies in the Transportation industry, which is below the industry midpoint. Overall, Courage Investment Group has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Courage Investment Group's ROE % compare to competitors?
According to the Transportation industry distribution chart, Courage Investment Group ranks #625 out of 999 companies for ROE %. This places Courage Investment Group in the lower half of its industry. The industry median ROE % is 7.72. Courage Investment Group's value of 5.97% is 22.7% below this benchmark. While the company's 10-year median is 1.12 vs. the industry median of 7.72, Courage Investment Group 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 ROE % for a Transportation company?
The median ROE % among Transportation companies is 7.72, based on 999 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. Courage Investment Group's current ROE % of 5.97% is 22.7% 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 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 Courage Investment Group and its competitors. For the Transportation industry, the median ROE % is 7.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Courage Investment Group's current ROE % is 5.97%, which is 433% above median its own 10-year median of 1.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Courage Investment Group stock overvalued right now?
Based on GuruFocus' analysis, Courage Investment Group (SGX:CIN) is currently considered Possible Value Trap. The stock's GF Value™ is S$0.04, compared to a current price of S$0.02 — trading 55% below its estimated fair value. The current ROE % is 5.97%, which is 433% above median its 10-year median of 1.12 and 22.7% below the Transportation industry median of 7.72. Courage Investment Group's overall GF Score™ is 48/100 with 2 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 Courage Investment Group (SGX:CIN), the current ROE % is 5.97% 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 Courage Investment Group (SGX:CIN) Overvalued in 2026?
Based on GuruFocus' analysis, Courage Investment Group stock appears to be undervalued.
The current stock price of S$0.02 is trading 55% below its estimated GF Value™ of S$0.04.
GuruFocus considers Courage Investment Group to be Possible Value Trap.
Key valuation signals for SGX:CIN:
ROE %: 5.97% (433% above median its 10-year median of 1.12)
GF Value™: S$0.04 vs. price of S$0.02 (55% below fair value)
Industry Position: 22.7% below the Transportation median (#625 of 999)
No single metric tells the full story. See the SGX:CIN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Courage Investment Group Ltd is an investment holding company. The company's reportable segments include Marine transportation, Merchandise trading, Property holding and investment, and Investment holding. It generates maximum revenue from the Marine transportation segment, which comprises mainly the vessel chartering business. Geographically, it derives a majority of its revenue from Hong Kong.
48GF Score
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