Tietto Minerals Ret. on equity
What is the Ret. on equity of Tietto Minerals?
The Ret. on equity of Tietto Minerals Limited is 1.69%
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 Tietto Minerals
What does Tietto Minerals do?
Tietto Minerals Limited operates as a gold exploration and development company in Australia and West Africa. Its flagship project in the Abujar gold project comprising three tenements covering an area of 1,114 square kilometers located in central western region of Côte D'Ivoire. The company was incorporated in 2010 and is based in West Perth, Australia.
Companies with ret. on equity similar to Tietto Minerals
- Dhanlaxmi Bank has Ret. on equity of 1.69%
- Financiere de l'Odet SA has Ret. on equity of 1.69%
- Financière de l'Odet SA has Ret. on equity of 1.69%
- Haldyn Glass has Ret. on equity of 1.69%
- Glorious Sun Enterprises has Ret. on equity of 1.69%
- Shanghai Sanyou Medical Co has Ret. on equity of 1.69%
- Tietto Minerals has Ret. on equity of 1.69%
- Covivio Hotels Societe anonyme has Ret. on equity of 1.69%
- SREI Infrastructure Finance has Ret. on equity of 1.69%
- Kasen International has Ret. on equity of 1.69%
- Marel hf has Ret. on equity of 1.69%
- Zhejiang New Century Hotel Management Co has Ret. on equity of 1.70%
- PotlatchDeltic Corp has Ret. on equity of 1.70%