22 Nov In Focus: CAD-IT secures 4th position and becomes a five-time winner of KPMG’s Enterprise 50 Awards.
Year after year, new E50 companies top the headlines with extensive media coverage in The Business Times and other media. With valuable endorsement and a mark of recognition, E50 companies are the ones to watch in the business community.
The E50 Awards seeks to recognise the fifty most enterprising privately-held local companies in Singapore.
The ranking of the top fifty companies will be primarily on a weighted-average computation of a set of performance indicators over a three-year period, including:
- Operating Profit Before Tax (OPBT)
- Return on Equity
- Growth in Operating Profits
- Growth in Turnover
- Net Tangible Assets
- Operating Cash Flow as a percentage of OPBT
- Quick Ratio
- Debt to Equity Ratio
- Return on Total Fixed Assets
- Operating Profit per Employee
- Percentage of Turnover from Overseas Operations
- Percentage of Payroll Spent on Training
- Percentage of Gross Turnover Spent on R&D
In addition, qualitative factors such as business model, productivity and innovations, management ideals and governance, knowledge initiatives, market branding and presence, and liquidity and risk management will be taken into consideration in ranking the companies. These qualitative factors will not influence the rankings by more than 45%.
The CAD-IT Team celebrating their 5th E50 wins at the 22nd Enterprise 50 Awards Gala Dinner at Resorts World, Singapore
E50 2016 5-Year Award (left), & 4th Position (right)