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- Yahoo
Is Wee Hur Holdings Ltd.'s (SGX:E3B) Recent Stock Performance Influenced By Its Fundamentals In Any Way?
Wee Hur Holdings' (SGX:E3B) stock is up by a considerable 34% over the past month. We wonder if and what role the company's financials play in that price change as a company's long-term fundamentals usually dictate market outcomes. Specifically, we decided to study Wee Hur Holdings' ROE in this article. Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors' money. In other words, it is a profitability ratio which measures the rate of return on the capital provided by the company's shareholders. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. How Do You Calculate Return On Equity? The formula for ROE is: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for Wee Hur Holdings is: 8.6% = S$57m ÷ S$662m (Based on the trailing twelve months to December 2024). The 'return' is the yearly profit. That means that for every SGD1 worth of shareholders' equity, the company generated SGD0.09 in profit. View our latest analysis for Wee Hur Holdings What Is The Relationship Between ROE And Earnings Growth? So far, we've learned that ROE is a measure of a company's profitability. 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. Assuming everything else remains unchanged, the higher the ROE and profit retention, the higher the growth rate of a company compared to companies that don't necessarily bear these characteristics. Wee Hur Holdings' Earnings Growth And 8.6% ROE At first glance, Wee Hur Holdings' ROE doesn't look very promising. A quick further study shows that the company's ROE doesn't compare favorably to the industry average of 13% either. Despite this, surprisingly, Wee Hur Holdings saw an exceptional 27% net income growth over the past five years. Therefore, there could be other reasons behind this growth. Such as - high earnings retention or an efficient management in place. Next, on comparing Wee Hur Holdings' net income growth with the industry, we found that the company's reported growth is similar to the industry average growth rate of 30% over the last few years. The basis for attaching value to a company is, to a great extent, tied to its earnings growth. The investor should try to establish if the expected growth or decline in earnings, whichever the case may be, is priced in. By doing so, they will have an idea if the stock is headed into clear blue waters or if swampy waters await. What is E3B worth today? The intrinsic value infographic in our free research report helps visualize whether E3B is currently mispriced by the market. Is Wee Hur Holdings Using Its Retained Earnings Effectively? Wee Hur Holdings' LTM (or last twelve month) payout ratio to shareholders is 17%, which is quite low. This implies that the company is retaining 83% of its profits. So it looks like Wee Hur Holdings is reinvesting profits heavily to grow its business, which shows in its earnings growth. Additionally, Wee Hur Holdings has paid dividends over a period of at least ten years which means that the company is pretty serious about sharing its profits with shareholders. Existing analyst estimates suggest that the company's future payout ratio is expected to drop to 10% over the next three years. Accordingly, the expected drop in the payout ratio explains the expected increase in the company's ROE to 12%, over the same period. Summary Overall, we feel that Wee Hur Holdings certainly does have some positive factors to consider. With a high rate of reinvestment, albeit at a low ROE, the company has managed to see a considerable growth in its earnings. On studying current analyst estimates, we found that analysts expect the company to continue its recent growth streak. To know more about the latest analysts predictions for the company, check out this visualization of analyst forecasts for the company. 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.
Yahoo
10 minutes ago
- Yahoo
Senate heads home with no deal to speed confirmations as irate Trump tells Schumer to 'go to hell'
WASHINGTON (AP) — The Senate is leaving Washington Saturday night for its monthlong August recess without a deal to advance dozens of President Donald Trump's nominees, calling it quits after days of contentious bipartisan negotiations and Donald Trump posting on social media that Senate Democratic Leader Chuck Schumer can 'GO TO HELL!' Without a deal in hand, Republicans say they may try to change Senate rules when they return in September to speed up the pace of confirmations. Trump has been pressuring senators to move quickly as Democrats blocked more nominees than usual this year, denying any fast unanimous consent votes and forcing roll calls on each one, a lengthy process that can take several days per nominee. 'I think they're desperately in need of change," Senate Majority Leader John Thune said of Senate rules Saturday after negotiations with Chuck Schumer and Trump broke down. "I think that the last six months have demonstrated that this process, nominations is broken. And so I expect there will be some good robust conversations about that.' The latest standoff comes as Democrats and Republicans have gradually escalated their obstruction of the other party's executive branch and judicial nominees over the last two decades, and as Senate leaders have incrementally changed Senate rules to speed up confirmations — and make them less bipartisan. In 2013, Democrats changed Senate rules for lower court judicial nominees to remove the 60-vote threshold for confirmations as Republicans blocked President Barack Obama's judicial picks. In 2017, Republicans did the same for Supreme Court nominees as Democrats tried to block Trump's nomination of Justice Neil Gorsuch. Trump has been pressuring Senate Republicans for weeks to cancel the August recess and grind through dozens of his nominations as Democrats have slowed the process. But Republicans hoped to make a deal with Democrats instead, and came close several times over the last few days as the two parties and the White House negotiated over moving a large tranche of nominees in exchange for reversing some of the Trump administration's spending cuts on foreign aid, among other issues. But it was clear that there would be no agreement when Trump attacked Schumer on social media Saturday evening and told them to pack it up and go home. 'Tell Schumer, who is under tremendous political pressure from within his own party, the Radical Left Lunatics, to GO TO HELL!' Trump posted on Truth Social. 'Do not accept the offer, go home and explain to your constituents what bad people the Democrats are, and what a great job the Republicans are doing, and have done, for our Country.' Thune said afterward that there were 'several different times' when the two sides thought they had a deal, but in the end 'we didn't close it out.' It's the first time in recent history that the minority party hasn't allowed at least some quick confirmations. Thune has already kept the Senate in session for more days, and with longer hours, this year to try and confirm as many of Trump's nominees as possible. But Democrats had little desire to give in without the spending cut reversals or some other incentive, even though they too were eager to skip town after several long months of work and bitter partisan fights over legislation. 'We have never seen nominees as flawed, as compromised, as unqualified as we have right now,' Schumer said Saturday.
Yahoo
10 minutes ago
- Yahoo
Pardons, positions and power: Trump's donor list raises questions about pay-for-access in his administration
A new financial disclosure from a super PAC supporting President Donald Trump contains the name of the deep-pocket donors who have gained access to the White House. MAGA Inc.'s donor list includes Trump appointees, a mom who managed to get Trump to pardon her son, and cryptocurrency traders, according to a new report by the New York Times. The super PAC managed to pull some major donations for the president; according to the disclosure, MAGA Inc. raised more than $177 million for Trump since January. Some names on the list wound up working for Trump in his administration. Anjani Sinha, a friend of Trump's, was nominated to be the ambassador to Singapore. He donated $1 million to MAGA Inc. He hasn't been approved for the position yet, possibly because he struggled to answer questions about Singapore during his confirmation hearing. Cody Campbell, who is now on Trump's Council on Sports, Fitness, and Nutrition, donated half a million dollars to the super PAC. Josh Lobel, now sitting on Trump's Intelligence Advisory Board, donated $250,000. Several major donors are tied to the crypto industry, which has by and large found a friendly ally in Trump. According to the Times, Trump's inaugural committee raised an enormous $239 million, with approximately $18 million of that coming from crypto-related donors. According to the filing, donors working in cryptocurrencies accounted for $45 million of the donations reported through MAGA Inc. One donor alone — crypto entrepreneur Eric Schiermeyer — donated $1 million, and was given the chance to have dinner with Trump in Mar-a-Lago in March. The pair didn't just eat and chat — during the dinner, Schiermeyer apparently pitched Trump on an idea for a cryptocurrency called the "USA Token" that would be doled out to Americans for use in transactions. He reportedly wanted a government contract for his company to handle the task, according to the Times' reporting. He told the paper that he managed to get his idea in front of Trump face-to-face, so he considers it a win. 'I was able to say my piece, and the idea is clearly making the rounds, so mission accomplished from my view.' he told the Times. And then there's Elizabeth Fago, who handed over $1 million to MAGA Inc. and got herself a dinner with Trump. Three weeks later, her son, Paul Walczak, who pleaded guilty to tax fraud, was pardoned. A White House spokesperson who talked to the Times anonymously said that Fago's words, rather than her cash, convinced the president to give her son a break. 'He spoke directly to a mother who pleaded for her son, and when you're talking to a mother pleading for her son, that's a pretty powerful thing,' the source reportedly said. The Independent has requested comment from The White House. According to MAGA Inc., all of the apparent benefits that come along with shoveling money at Trump are just a coincidence. It told the Times that Trump doesn't treat donors any different from normal Americans. 'President Trump values his supporters and donors, but unlike politicians before him, he cannot be bought and works toward the best interest of the country,' it told the paper.
