Capricorn Metals Ltd Ret. on equity
What is the Ret. on equity of Capricorn Metals Ltd?
The Ret. on equity of Capricorn Metals Ltd is 28.25%
What is the definition of Ret. on equity?
Return on equity is a measure of the profitability of a business in relation to the book value of the shareholder equity. It is computed by dividing fiscal year net income by total shareholder equity.
ttm (trailing twelve months)
The return on equity (ROE) ROE is a measure of how well a company uses investments to generate earnings growth. ROE is used for comparing the performance of companies in the same industry. It indicated the management's ability to generate income from the equity available to it. ROEs of 15-20% are generally considered good. ROEs are also a factor in stock valuation, in association with other financial ratios. In general, stock prices are influenced by earnings per share (EPS), so that stock of a company with a 20% ROE will generally cost twice as much as one with a 10% ROE.
Ret. on equity of companies in the Materials sector on ASX compared to Capricorn Metals Ltd
What does Capricorn Metals Ltd do?
Capricorn Metals Ltd explores for, evaluates, and develops mineral properties in Australia and Madagascar. It holds a 100% interest in the Karlawinda gold project located in the Pilbara region of Western Australia. The company was formerly known as Malagasy Minerals Limited and changed its name to Capricorn Metals Limited in February 2016. Capricorn Metals Limited was incorporated in 2006 and is based in West Perth, Australia.
Companies with ret. on equity similar to Capricorn Metals Ltd
- Alliance Resource Partners, LP has Ret. on equity of 28.23%
- JB Hi-Fi has Ret. on equity of 28.23%
- Valeura has Ret. on equity of 28.24%
- Valeura has Ret. on equity of 28.24%
- Siyaram Silk Mills has Ret. on equity of 28.24%
- Hellenic Telecommunications Organization SA has Ret. on equity of 28.25%
- Capricorn Metals Ltd has Ret. on equity of 28.25%
- SITC International has Ret. on equity of 28.25%
- Kindred plc has Ret. on equity of 28.26%
- SES-imagotag SA has Ret. on equity of 28.26%
- Wabash National has Ret. on equity of 28.26%
- O Sorbet D'amour SA has Ret. on equity of 28.27%
- Burkhalter AG has Ret. on equity of 28.30%