There are a couple of mother companies and child subsidiaries listed on the Singapore Exchange (SGX). For the sake of this blog post, let's call the mother companies "Mothers" and the child subsidiaries "Daughters". Generally, are Mothers or Daughters prettier? For the measure of beauty, let's not use price as the yardstick, as beauty is often in the eyes of the beholder. To value investors, beauty means a low price while to growth investors, beauty means a rising price. Instead, we turn to more objective measures of beauty that both value and growth investors can agree on, namely, Return on Equity (ROE), Debt/Equity (D/E) ratio and dividend yield. The statistics of the Mothers and Daughters for the latest Financial Year up to Sep 2014 are listed in the table below. Notice that the banking families are missing from this table, as their operating characteristics are quite different from non-banking companies......