Quantum Graphite Ret. on equity
What is the Ret. on equity of Quantum Graphite?
The Ret. on equity of Quantum Graphite Limited is -21.51%
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 Quantum Graphite
What does Quantum Graphite do?
Quantum Graphite Limited engages in the exploration, mining, processing, manufacture, and sale of graphite and related products. It owns the Mikkira graphite deposit, which comprises its flagship project the Uley graphite project that includes five contiguous mining tenements located on the Eyre Peninsula, South Australia. The company was formerly known as Valence Industries Limited and changed its name to Quantum Graphite Limited in November 2016. Quantum Graphite Limited was incorporated in 1986 and is headquartered in Melbourne, Australia.
Companies with ret. on equity similar to Quantum Graphite
- PureTech Health Plc has Ret. on equity of -21.58%
- PureTech Health plc has Ret. on equity of -21.58%
- KEFI Minerals Plc has Ret. on equity of -21.58%
- International Business Settlement has Ret. on equity of -21.56%
- Leading Edge Materials has Ret. on equity of -21.53%
- Leading Edge Materials has Ret. on equity of -21.53%
- Quantum Graphite has Ret. on equity of -21.51%
- Magnis Technologies has Ret. on equity of -21.50%
- Eagle Point Credit Inc has Ret. on equity of -21.49%
- Aston Bay has Ret. on equity of -21.48%
- Leading Edge Materials has Ret. on equity of -21.46%
- Ceres Power Hldgs Ls ,10 has Ret. on equity of -21.46%
- Ceres Power plc has Ret. on equity of -21.46%