Latest news with #ComfortDelGro
Yahoo
17 hours ago
- Business
- Yahoo
Returns On Capital Signal Difficult Times Ahead For ComfortDelGro (SGX:C52)
What financial metrics can indicate to us that a company is maturing or even in decline? When we see a declining return on capital employed (ROCE) in conjunction with a declining base of capital employed, that's often how a mature business shows signs of aging. Trends like this ultimately mean the business is reducing its investments and also earning less on what it has invested. And from a first read, things don't look too good at ComfortDelGro (SGX:C52), so let's see why. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. Return On Capital Employed (ROCE): What Is It? Just to clarify if you're unsure, ROCE is a metric for evaluating how much pre-tax income (in percentage terms) a company earns on the capital invested in its business. To calculate this metric for ComfortDelGro, this is the formula: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.081 = S$318m ÷ (S$5.7b - S$1.8b) (Based on the trailing twelve months to December 2024). So, ComfortDelGro has an ROCE of 8.1%. On its own, that's a low figure but it's around the 6.8% average generated by the Transportation industry. See our latest analysis for ComfortDelGro In the above chart we have measured ComfortDelGro's prior ROCE against its prior performance, but the future is arguably more important. If you're interested, you can view the analysts predictions in our free analyst report for ComfortDelGro . What The Trend Of ROCE Can Tell Us There is reason to be cautious about ComfortDelGro, given the returns are trending downwards. To be more specific, the ROCE was 10% five years ago, but since then it has dropped noticeably. And on the capital employed front, the business is utilizing roughly the same amount of capital as it was back then. Since returns are falling and the business has the same amount of assets employed, this can suggest it's a mature business that hasn't had much growth in the last five years. If these trends continue, we wouldn't expect ComfortDelGro to turn into a multi-bagger. While on the subject, we noticed that the ratio of current liabilities to total assets has risen to 31%, which has impacted the ROCE. Without this increase, it's likely that ROCE would be even lower than 8.1%. While the ratio isn't currently too high, it's worth keeping an eye on this because if it gets particularly high, the business could then face some new elements of risk. The Bottom Line In the end, the trend of lower returns on the same amount of capital isn't typically an indication that we're looking at a growth stock. Despite the concerning underlying trends, the stock has actually gained 29% over the last five years, so it might be that the investors are expecting the trends to reverse. Either way, we aren't huge fans of the current trends and so with that we think you might find better investments elsewhere. On a final note, we've found 1 warning sign for ComfortDelGro that we think you should be aware of. If you want to search for solid companies with great earnings, check out this free list of companies with good balance sheets and impressive returns on equity. 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 Error in retrieving data Error in retrieving data Error in retrieving data
Straits Times
21 hours ago
- Business
- Straits Times
Forum: Sort out issues before imposing new taxi cancellation policies
I refer to the article ' ComfortDelGro to introduce new taxi cancellation, waiting fee policy ' (July 16). I used to book a taxi via the CDG Zig app quite often, but have been avoiding it lately for several reasons. Often, I get a notification that the taxi has arrived when it has not, and this makes me worry that I may be charged a late fee. There have also been instances where the taxi driver went to the wrong place and concluded that I did not turn up. He would leave after indicating a 'no show'. In one perplexing incident, the driver took my call, then proceeded to key it in as completed – meaning the destination had been reached – and charged me for the ride. It was only after I sent a screenshot, showing that he had started and ended the journey within the same minute, to customer service that I managed to get a refund. I often have taxi drivers not being able to locate my home, but this happens less often with the private-hire services. I hope ComfortDelGro will sort out the issues mentioned before imposing new taxi cancellation policies. Do Su Ern (Dr) Top stories Swipe. Select. Stay informed. Singapore Subsidies and grants for some 20,000 people miscalculated due to processing issue: MOH Asia At least 19 killed as Bangladesh air force plane crashes at college campus Singapore ST Explains: What does it mean for etomidate to be listed under the Misuse of Drugs Act? Business Why Singapore and its businesses stand to lose with US tariffs on the region Singapore NTU to have compulsory cadaver dissection classes for medical students from 2026 World US authorities probing passenger jet's close call with B-52 bomber over North Dakota Singapore Jail for man who conspired with another to bribe MOH agency employee with $18k Paris trip Singapore New research institute will grow S'pore's talent in nuclear energy, safety
Independent Singapore
2 days ago
- Independent Singapore
ComfortDelGro to discipline taxi driver who threw wheelchair but reveals passengers were relatives of drive
Photo: SGRV FB SINGAPORE: ComfortDelGro has confirmed that it will be taking disciplinary action against a taxi driver who was caught on camera throwing a wheelchair onto the ground and manhandling a passenger during a heated incident that unfolded in Redhill on July 18. The company, however, also indicated that the passengers did not pay the fare and were relatives of the driver The incident, which took place at about 1.30pm in front of Block 71 Redhill Road, was captured on a vehicle's dashcam and uploaded by SG Road Vigilante to Facebook on Friday (19 July), quickly going viral. In the footage, a blue ComfortDelGro taxi is seen stationary at a zebra crossing with its left-side doors already open. A red plastic bag is thrown out of the vehicle, shortly before a passenger alights to pick it up. Moments later, the female driver steps out, opens the boot, and hurls a folded wheelchair onto the pavement. A second passenger exits the vehicle, and the first returns briefly to retrieve another item. The cab driver then slams the doors shut and is seen physically pulling one of the passengers out of her way before shutting the boot and getting back into the driver's seat. The dashcam footage was captioned: 'Not to put her job at risk, but her attitude towards them was truly unacceptable. The old lady was crying, by the way.' A ComfortDelGro spokesperson has since confirmed to Stomp that the company is aware of the video and has launched an investigation. 'The well-being and respectful treatment of all our passengers is paramount,' the spokesperson said, 'The actions of the cabby are unacceptable and do not reflect the professional standards we uphold.' The company clarified that the passengers involved were not fare-paying customers, but relatives of the driver. 'Our investigations reveal that the incident was a personal dispute involving the cabby and her own family members, who were being ferried in the vehicle at the time,' the spokesperson added. 'Nonetheless, we take a serious view of any misconduct by our cabbies. We will be addressing this matter internally with the cabby concerned and will take appropriate disciplinary action in accordance with our company policies.' ComfortDelGro has not disclosed the specific disciplinary measures being considered. () => { const trigger = if ('IntersectionObserver' in window && trigger) { const observer = new IntersectionObserver((entries, observer) => { => { if ( { lazyLoader(); // You should define lazyLoader() elsewhere or inline here // Run once } }); }, { rootMargin: '800px', threshold: 0.1 }); } else { // Fallback setTimeout(lazyLoader, 3000); } });
Straits Times
2 days ago
- Sport
- Straits Times
England defender Carter the target of racist abuse during Euro 2025
ZURICH - England defender Jess Carter said she has been the target of racist abuse since Euro 2025 began in Switzerland, and announced on Sunday that she is stepping away from social media for the duration of the tournament. "Whilst every fan is entitled to their opinion on performance and result I don't agree or think that it's ok to target someone's appearance or race," Carter, who is Black, posted in a lengthy Instagram statement. "I am taking this measure to protect myself in a bid to keep my focus on helping the team anyway I can. "Hopefully speaking out will make the people writing this abuse think twice so that others won't have to deal with it." The 27-year-old has started all four of England's games at the tournament. England play Italy in the semifinals on Tuesday in Geneva. "We have made historic changes with this Lionesses squad that I am so proud to be a part of and my hope is that by speaking out about this it will make another positive change for all." FA CEO Mark Bullingham condemned the abuse. "Our priority is Jess and giving her all the support she needs," Bullingham said in a statement. "We strongly condemn those responsible for this disgusting racism." Top stories Swipe. Select. Stay informed. Singapore Priority for singles, higher quota for second-timer families to kick in from HDB's July BTO exercise Singapore 1 in 3 vapes here laced with etomidate; MOH working with MHA to list it as illegal drug: Ong Ye Kung Asia Johor Bahru collision claims lives of e-hailing driver and Singapore passenger Sport Arsenal arrive in Singapore for pre-season matches with AC Milan and Newcastle Business Crypto exchange Tokenize to shut down Singapore operations Singapore 2-in-1 airport police robot on trial can patrol and serve as PMD with ride-hailing feature Singapore ComfortDelGro to discipline driver who flung relative's wheelchair out of taxi Singapore Minor Issues: Why I didn't send my daughters to my brand-name primary school Bullingham said the FA has been in contact with UK police, who are in touch with the relevant social media platform. "We are working with police to ensure those responsible for this hate crime are brought to justice," he said. "Regrettably this is not the first time this has happened to an England player, so we had measures in place to allow us to respond quickly and where possible provide information to support any potential police action." REUTERS
CNA
5 days ago
- Business
- CNA
CNA938 Rewind - #TalkBack: Cancellation fees for you, the passenger, but what about the driver?
ComfortDelGro (CDG) will introduce new cancellation and waiting fees – with customers to face a minimum fee of 3 dollars. The cancellation fee kicks in on 1 September, while the waiting fee takes effect on 15 October. Lance Alexander and Daniel Martin discuss the move with Raven Lee, Executive Secretary, National Private Hire Vehicles Association (NPHVA).
