IMF Watching Iran Situation 'Very Closely'

The Asia Trade
IMF Managing-Director Kristalina Georgieva tells Bloomberg TV that the US strikes on Iran are another source of uncertainty in an already highly uncertain environment. (Source: Bloomberg)

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Should Weakness in SUTL Enterprise Limited's (SGX:BHU) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?

SUTL Enterprise (SGX:BHU) has had a rough month with its share price down 3.4%. However, the company's fundamentals look pretty decent, and long-term financials are usually aligned with future market price movements. Specifically, we decided to study SUTL Enterprise's ROE in this article. Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their capital is being reinvested. In simpler terms, it measures the profitability of a company in relation to shareholder's equity. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. ROE can be calculated by using the formula: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for SUTL Enterprise is: 13% = S$8.4m ÷ S$66m (Based on the trailing twelve months to December 2024). The 'return' is the amount earned after tax over the last twelve months. So, this means that for every SGD1 of its shareholder's investments, the company generates a profit of SGD0.13. Check out our latest analysis for SUTL Enterprise Thus far, we have learned that ROE measures how efficiently a company is generating its profits. We now need to evaluate how much profit the company reinvests or "retains" for future growth which then gives us an idea about the growth potential of the company. Generally speaking, other things being equal, firms with a high return on equity and profit retention, have a higher growth rate than firms that don't share these attributes. To start with, SUTL Enterprise's ROE looks acceptable. Especially when compared to the industry average of 7.0% the company's ROE looks pretty impressive. This probably laid the ground for SUTL Enterprise's significant 24% net income growth seen over the past five years. We believe that there might also be other aspects that are positively influencing the company's earnings growth. For example, it is possible that the company's management has made some good strategic decisions, or that the company has a low payout ratio. As a next step, we compared SUTL Enterprise's net income growth with the industry and were disappointed to see that the company's growth is lower than the industry average growth of 42% in the same period. Earnings growth is a huge factor in stock valuation. It's important for an investor to know whether the market has priced in the company's expected earnings growth (or decline). This then helps them determine if the stock is placed for a bright or bleak future. One good indicator of expected earnings growth is the P/E ratio which determines the price the market is willing to pay for a stock based on its earnings prospects. So, you may want to check if SUTL Enterprise is trading on a high P/E or a low P/E, relative to its industry. The high three-year median payout ratio of 52% (implying that it keeps only 48% of profits) for SUTL Enterprise suggests that the company's growth wasn't really hampered despite it returning most of the earnings to its shareholders. Moreover, SUTL Enterprise is determined to keep sharing its profits with shareholders which we infer from its long history of eight years of paying a dividend. On the whole, we do feel that SUTL Enterprise has some positive attributes. The company has grown its earnings moderately as previously discussed. Still, the high ROE could have been even more beneficial to investors had the company been reinvesting more of its profits. As highlighted earlier, the current reinvestment rate appears to be quite low. So far, we've only made a quick discussion around the company's earnings growth. So it may be worth checking this free detailed graph of SUTL Enterprise's past earnings, as well as revenue and cash flows to get a deeper insight into the company's performance. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data

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Storm's Nneka Ogwumike, WNBA players union president, speaks out on CBA negotiations

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