EPA:ENX News 4 January 2026

January 31, 2026, 10:19 PM EST. Boustead Singapore Limited's stock (SGX:F9D) rose 12% in a month, prompting analysis of its financial fundamentals. The company posted a robust return on equity (ROE) of 16%, above the industry average of 11%, indicating efficient use of shareholders' capital. However, its earnings growth over five years is only 2.7%, significantly trailing the industry's 29% growth. This gap suggests potential constraints such as high dividend payouts or competitive pressures limiting reinvestment. Investors should note that despite strong profitability metrics, Boustead's subdued growth raises questions about future earnings prospects. The disparity between ROE and earnings growth is a caution for shareholders assessing the sustainability of recent stock gains.