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Amcorp Global (SGX:S9B) ROE % : -3.00% (As of Sep. 2023)


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What is Amcorp Global ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Amcorp Global's annualized net income for the quarter that ended in Sep. 2023 was S$-2.34 Mil. Amcorp Global's average Total Stockholders Equity over the quarter that ended in Sep. 2023 was S$77.95 Mil. Therefore, Amcorp Global's annualized ROE % for the quarter that ended in Sep. 2023 was -3.00%.

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

SGX:S9B' s ROE % Range Over the Past 10 Years
Min: -17.79   Med: 0.07   Max: 9.98
Current: 1.63

During the past 11 years, Amcorp Global's highest ROE % was 9.98%. The lowest was -17.79%. And the median was 0.07%.

SGX:S9B's ROE % is ranked worse than
55.79% of 1778 companies
in the Real Estate industry
Industry Median: 2.73 vs SGX:S9B: 1.63

Amcorp Global ROE % Historical Data

The historical data trend for Amcorp Global'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.

* Premium members only.

Amcorp Global ROE % Chart

Amcorp Global Annual Data
Trend May13 May14 May15 May16 May17 May18 May19 Mar21 Mar22 Mar23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.74 -17.79 -2.48 -10.85 0.81

Amcorp Global Semi-Annual Data
Nov13 May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 -7.61 -14.14 -4.45 6.20 -3.00

Competitive Comparison of Amcorp Global's ROE %

For the Real Estate - Development subindustry, Amcorp Global'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.


Amcorp Global's ROE % Distribution in the Real Estate Industry

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

* The bar in red indicates where Amcorp Global's ROE % falls into.



Amcorp Global ROE % Calculation

Amcorp Global's annualized ROE % for the fiscal year that ended in Mar. 2023 is calculated as

ROE %=Net Income (A: Mar. 2023 )/( (Total Stockholders Equity (A: Mar. 2022 )+Total Stockholders Equity (A: Mar. 2023 ))/ count )
=0.654/( (81.962+78.905)/ 2 )
=0.654/80.4335
=0.81 %

Amcorp Global's annualized ROE % for the quarter that ended in Sep. 2023 is calculated as

ROE %=Net Income (Q: Sep. 2023 )/( (Total Stockholders Equity (Q: Mar. 2023 )+Total Stockholders Equity (Q: Sep. 2023 ))/ count )
=-2.338/( (78.905+76.995)/ 2 )
=-2.338/77.95
=-3.00 %

* 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 (Sep. 2023) net income data. ROE % is displayed in the 30-year financial page.


Amcorp Global  (SGX:S9B) 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: Sep. 2023 )
=Net Income/Total Stockholders Equity
=-2.338/77.95
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-2.338 / 56.248)*(56.248 / 181.4315)*(181.4315 / 77.95)
=Net Margin %*Asset Turnover*Equity Multiplier
=-4.16 %*0.31*2.3275
=ROA %*Equity Multiplier
=-1.29 %*2.3275
=-3.00 %

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: Sep. 2023 )
=Net Income/Total Stockholders Equity
=-2.338/77.95
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-2.338 / -2.402) * (-2.402 / 1.342) * (1.342 / 56.248) * (56.248 / 181.4315) * (181.4315 / 77.95)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9734 * -1.7899 * 2.39 % * 0.31 * 2.3275
=-3.00 %

Note: The net income data used here is two times the semi-annual (Sep. 2023) net income data. The Revenue data used here is two times the semi-annual (Sep. 2023) 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.


Amcorp Global ROE % Related Terms

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Amcorp Global (SGX:S9B) Business Description

Traded in Other Exchanges
N/A
Address
11 Sam Leong Road No 03-06, Singapore, SGP, 207903
Amcorp Global Ltd is a real estate development company. The company is engaged in the business of engineering, real estate, and infrastructure. It owns residential, commercial, and industrial projects in Singapore. The group is organised into business units based on its products and services and has two reportable operating segments - Property development and Hotel operations. The majority of the revenue is generated from the property development segments which is engaged in the development and sale of properties. Its geographical segments include Singapore, New Zealand, Australia, Vietnam, and Malaysia, out of which most of its revenue comes from Singapore.

Amcorp Global (SGX:S9B) Headlines

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