Search or
𝛼SK
𝛼SKbearish
ComfortDelgro: Chasing Growth, Missing Returns?
SUMMARY
- A decade of stagnant revenue and declining profits, despite significant capital investments in overseas expansion.
- CDG was destroying shareholder value. Return on Equity (“ROE”) had fallen to 6.9% in 2023, almost half the 13.3% recorded in 2015. More critically, ROE remained below its 9% cost of equity.
- Lack of strategic clarity on how its growth strategy aligns with long-term shareholder value creation.
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
- Unlock research summaries
- Follow top, independent analysts
- Receive personalised alerts
- Access Analytics, Events and more
Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.
Upgrade later to our paid plans for full-access.
or
Already have an account? Sign In Now
Discussions
(Paid Plans Only)
Price Chart(Sign Up to Access)
x