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Pollux Properties (SGX:5AE) ROE % : 1.94% (As of Jun. 2023)


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What is Pollux Properties ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Pollux Properties's annualized net income for the quarter that ended in Jun. 2023 was S$4.01 Mil. Pollux Properties's average Total Stockholders Equity over the quarter that ended in Jun. 2023 was S$207.01 Mil. Therefore, Pollux Properties's annualized ROE % for the quarter that ended in Jun. 2023 was 1.94%.

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

SGX:5AE' s ROE % Range Over the Past 10 Years
Min: 0.2   Med: 2.87   Max: 50.3
Current: 3.18

During the past 13 years, Pollux Properties's highest ROE % was 50.30%. The lowest was 0.20%. And the median was 2.87%.

SGX:5AE's ROE % is ranked better than
52.31% of 1778 companies
in the Real Estate industry
Industry Median: 2.73 vs SGX:5AE: 3.18

Pollux Properties ROE % Historical Data

The historical data trend for Pollux Properties'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.

Pollux Properties ROE % Chart

Pollux Properties Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Dec21 Dec22
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50.30 2.54 1.16 2.02 3.20

Pollux Properties Semi-Annual Data
Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Jun21 Dec21 Jun22 Dec22 Jun23
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 -0.18 4.23 1.97 4.43 1.94

Competitive Comparison of Pollux Properties's ROE %

For the Real Estate Services subindustry, Pollux Properties'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.


Pollux Properties's ROE % Distribution in the Real Estate Industry

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

* The bar in red indicates where Pollux Properties's ROE % falls into.



Pollux Properties ROE % Calculation

Pollux Properties's annualized ROE % for the fiscal year that ended in Dec. 2022 is calculated as

ROE %=Net Income (A: Dec. 2022 )/( (Total Stockholders Equity (A: Dec. 2021 )+Total Stockholders Equity (A: Dec. 2022 ))/ count )
=6.488/( (199.604+205.965)/ 2 )
=6.488/202.7845
=3.20 %

Pollux Properties's annualized ROE % for the quarter that ended in Jun. 2023 is calculated as

ROE %=Net Income (Q: Jun. 2023 )/( (Total Stockholders Equity (Q: Dec. 2022 )+Total Stockholders Equity (Q: Jun. 2023 ))/ count )
=4.006/( (205.965+208.054)/ 2 )
=4.006/207.0095
=1.94 %

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


Pollux Properties  (SGX:5AE) 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: Jun. 2023 )
=Net Income/Total Stockholders Equity
=4.006/207.0095
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(4.006 / 13.342)*(13.342 / 375.242)*(375.242 / 207.0095)
=Net Margin %*Asset Turnover*Equity Multiplier
=30.03 %*0.0356*1.8127
=ROA %*Equity Multiplier
=1.07 %*1.8127
=1.94 %

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: Jun. 2023 )
=Net Income/Total Stockholders Equity
=4.006/207.0095
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (4.006 / 4.43) * (4.43 / 9.23) * (9.23 / 13.342) * (13.342 / 375.242) * (375.242 / 207.0095)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9043 * 0.48 * 69.18 % * 0.0356 * 1.8127
=1.94 %

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


Pollux Properties ROE % Related Terms

Thank you for viewing the detailed overview of Pollux Properties's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Pollux Properties (SGX:5AE) Business Description

Traded in Other Exchanges
N/A
Address
554 Havelock Road, Singapore, SGP, 169639
Pollux Properties Ltd is a property developer in Singapore focusing on the development of residential and commercial properties. The company is engaged in the business of developing premium real estate projects. The company operates through five segments: The Property Development segment, which is involved in the acquisition and development of properties for sale; The Property Investment segment, which is involved in renting properties and operating a serviced apartment; The Corporate segment, which is involved in corporate services and investments. The Fund Management segment is involved in providing management and advisory services and Hotel Operations. The company generates the majority of its revenue from the Property Investment segment.

Pollux Properties (SGX:5AE) Headlines

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