Singapura FinanceSGX:S23 +1.25%43 ROE % is 4.47% as of Dec. 2025, which is 67% above its 10-year median of 2.67. GuruFocus rates SGX:S23 with a GF Score™ of 43/100 and a GF Value™ of S$0.88 (Fairly Valued). The stock has 3 warning signs investors should review. Among 528 Credit Services companies, Singapura Finance ranks worse than 60.8% on this metric.
The historical rank and industry rank for Singapura Finance's ROE % or its related term are showing as below:
SGX:S23'
s ROE % Range Over the Past 10 Years
Min: 1.86 Med: 2.67 Max: 3.76
Current: 3.54
During the past 13 years, Singapura Finance's highest ROE % was 3.76%. The lowest was 1.86%. And the median was 2.67%.
SGX:S23's ROE % is ranked worse than 60.8% of 528
companies
in the Credit Services industry
Industry Median: 6.695
vs SGX:S23: 3.54
Singapura Finance (SGX:S23) 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 (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.
Singapura Finance ROE % Related Terms
Singapura Finance ROE % Historical Data
* Premium members only.
The historical data trend for Singapura Finance'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 Credit Services subindustry, Singapura Finance'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.
Singapura Finance ROE % vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Singapura Finance's ROE % distribution charts can be found below:
* The bar in red indicates where Singapura Finance'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 (Dec. 2025) net income data.
ROE % is displayed in the 30-year financial page.
Singapura Finance (SGX:S23) has a ROE % of 4.47% 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 Singapura Finance and its competitors. This is 67% above median its historical median of 2.67. Over the past decade, Singapura Finance's ROE % has ranged from 1.86 to 3.76. According to the industry distribution chart, Singapura Finance ranks #321 out of 528 companies in the Credit Services industry, placing it in the top 60.8%.
Is Singapura Finance's ROE % too high?
Singapura Finance's current ROE % of 4.47% is 67% above median its 10-year median of 2.67. Over the past 10 years, this metric has ranged from a low of 1.86 to a high of 3.76. The Credit Services industry median ROE % is 6.70. Singapura Finance's value of 4.47% is 33.2% below this industry median. Based on the distribution chart, Singapura Finance ranks #321 out of 528 companies in the Credit Services industry, which is below the industry midpoint. Overall, Singapura Finance has a GF Score™ of 43/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Singapura Finance's ROE % compare to V and MA?
According to the Credit Services industry distribution chart, Singapura Finance ranks #321 out of 528 companies for ROE %. This places Singapura Finance in the lower half of its industry. The industry median ROE % is 6.70. Singapura Finance's value of 4.47% is 33.2% below this benchmark. Historically, Singapura Finance's own ROE % has ranged from 1.86 to 3.76 over the past decade. While the company's 10-year median is 2.67 vs. the industry median of 6.70, Singapura Finance 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 Credit Services company?
The median ROE % among Credit Services companies is 6.70, based on 528 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. Singapura Finance's current ROE % of 4.47% is 33.2% 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 Singapura Finance and its competitors. For the Credit Services industry, the median ROE % is 6.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Singapura Finance's current ROE % is 4.47%, which is 67% above median its own 10-year median of 2.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Singapura Finance stock overvalued right now?
Based on GuruFocus' analysis, Singapura Finance (SGX:S23) is currently considered Fairly Valued. The stock's GF Value™ is S$0.88, compared to a current price of S$0.81 — trading 8% below its estimated fair value. The current ROE % is 4.47%, which is 67% above median its 10-year median of 2.67 and 33.2% below the Credit Services industry median of 6.70. Singapura Finance's overall GF Score™ is 43/100 with 3 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 Singapura Finance (SGX:S23), the current ROE % is 4.47% 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 Singapura Finance (SGX:S23) Overvalued in 2026?
Based on GuruFocus' analysis, Singapura Finance stock appears to be undervalued.
The current stock price of S$0.81 is trading 8% below its estimated GF Value™ of S$0.88.
GuruFocus considers Singapura Finance to be Fairly Valued.
Key valuation signals for SGX:S23:
ROE %: 4.47% (67% above median its 10-year median of 2.67)
GF Value™: S$0.88 vs. price of S$0.81 (8% below fair value)
Industry Position: 33.2% below the Credit Services median (#321 of 528)
No single metric tells the full story. See the SGX:S23 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Singapura Finance Ltd is engaged in the finance business. The company offers personal banking services, including savings and fixed deposits accounts, which consist of savings for juniors, adults, and for seniors. The company also provides personal loans, such as mortgage loans, car loans, and pleasure craft financing. Its business banking includes commercial and industrial property financing, equipment and machinery financing, inventory financing, property development financing, commercial vehicle financing, vessel financing, block discounting, and other related services. The group operates in single segment that relstes to financing business and its ctivities are carried out in the Republic of Singapore.
43GF Score
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