IFAST Corporation Ltd
SGX:AIY
ROE
Return on Equity
ROE, or Return on Equity, is a key financial ratio that measures a company's profitability. Specifically, it measures how many dollars of profit are generated for each dollar of shareholder's equity. A higher ROE indicates better financial performance and effective use of capital, making it a valuable metric for investors assessing a company's earning potential.
ROE Across Competitors
| Country | Company | Market Cap | ROE | ||
|---|---|---|---|---|---|
| SG |
|
IFAST Corporation Ltd
SGX:AIY
|
1.9B SGD |
23%
|
|
| US |
|
Blackstone Inc
NYSE:BX
|
168.9B USD |
34%
|
|
| US |
|
BlackRock Inc
NYSE:BLK
|
151.2B USD |
14%
|
|
| US |
|
KKR & Co Inc
NYSE:KKR
|
107B USD |
9%
|
|
| CA |
|
Brookfield Corp
NYSE:BN
|
95.1B USD |
1%
|
|
| CA |
B
|
BROOKFIELD ASSET MANAGEMENT LTD
TSX:BAM
|
126.5B CAD |
15%
|
|
| CA |
|
Brookfield Asset Management Inc
NYSE:BAM
|
91.4B USD |
15%
|
|
| ZA |
N
|
Ninety One Ltd
JSE:NY1
|
69.1B Zac |
45%
|
|
| LU |
R
|
Reinet Investments SCA
JSE:RNI
|
67.2B Zac | N/A | |
| US |
|
Bank of New York Mellon Corp
NYSE:BK
|
64B USD |
11%
|
|
| MU |
A
|
African Rainbow Capital Investments Ltd
JSE:AIL
|
61.5B Zac |
13%
|
IFAST Corporation Ltd
Glance View
Founded in the vibrant financial landscape of Singapore, iFAST Corporation Ltd. has carved out a significant niche in the realm of financial technology services. Situated at the intersection of finance and technology, iFAST has established itself as a leading wealth management platform provider, not just within Singapore but across Asia. The company's evolution reflects its commitment to innovation and adaptability in a dynamic market. Initially, iFAST began by offering a straightforward internet-based investment product distribution platform. Over time, it has grown, becoming an essential conduit through which financial advisors, retail investors, and institutions access an extensive range of financial products, from unit trusts to bonds, with a seamless digital experience. At the heart of iFAST's business model lies its comprehensive digital wealth management platform, which serves as a crucial ecosystem for the circulation and management of financial products and services. By facilitating transactions between fund houses and end investors, iFAST generates revenue through transaction fees, platform-related charges, and service fees. This generates a steady stream of income from a diverse clientele base, including mass retail, affluent, high-net-worth investors, and financial advisory firms. The company’s strategic focus on building a holistic suite of integrated services, such as the business-to-business (B2B) platform for financial advisory and the business-to-consumer (B2C) platform for direct investors, underscores iFAST's unique position in leveraging technology to streamline and democratize access to global financial markets.
See Also
ROE, or Return on Equity, is a key financial ratio that measures a company's profitability. Specifically, it measures how many dollars of profit are generated for each dollar of shareholder's equity. A higher ROE indicates better financial performance and effective use of capital, making it a valuable metric for investors assessing a company's earning potential.
Based on IFAST Corporation Ltd's most recent financial statements, the company has ROE of 23.3%.
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