Audinate Ret. on equity
What is the Ret. on equity of Audinate?
The Ret. on equity of Audinate Group Limited is 12.30%
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 Technology sector on ASX compared to Audinate
What does Audinate do?
Audinate Group Limited develops and sells digital audio visual (AV) networking solutions worldwide. The company provides Dante, a technology platform that distributes digital audio and video signals over computer networks to original equipment manufacturers. It offers software products, such as Dante Controller, a real-time network monitoring device; Dante Virtual Soundcard that provides access to various audio devices on the network; Dante Via, a software that delivers multi-channel routing of computer-based audio; and Dante Domain Manager, as well as Dante AVIO adapter, an audio networking solution. The company also provides Dante-enabled products; and various products to develop networked AV products, including chips and modules, IP Core, Dante application library, and reference designs. The company was founded in 2003 and is headquartered in Surry Hills, Australia.
Companies with ret. on equity similar to Audinate
- Source Rock Royalties Ltd has Ret. on equity of 12.30%
- WuXi Biologics (Cayman) has Ret. on equity of 12.30%
- La-Z-Boy has Ret. on equity of 12.30%
- Banco Bilbao Vizcaya Argentaria S.A has Ret. on equity of 12.30%
- Chemung has Ret. on equity of 12.30%
- Distribution Finance Capital plc has Ret. on equity of 12.30%
- Audinate has Ret. on equity of 12.30%
- Soitec S.A. Eo 2 has Ret. on equity of 12.31%
- Arihant Capital Markets has Ret. on equity of 12.31%
- Housing and Urban Development has Ret. on equity of 12.31%
- Jilin Province Chuncheng Heating has Ret. on equity of 12.31%
- Shaw Communications has Ret. on equity of 12.31%
- Weyco Inc has Ret. on equity of 12.31%