Returns On Capital Signal Difficult Times Ahead For Singapore Telecommunications (SGX:Z74)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 29 2025
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Source: Yahoo Finance
Singapore Telecommunications Financial Analysis: Singapore Telecommunications has a low return on capital employed (ROCE) of 3.6%, significantly underperforming the telecom industry average of 11%, indicating potential issues with profitability and growth.
Investment Caution: Despite a 108% increase in stock price over the last five years, the declining trend in returns suggests that investors may have overly high expectations, warranting caution for future investments in the company.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.








