Windlab Ret. on equity
What is the Ret. on equity of Windlab?
The Ret. on equity of Windlab Limited is -26.28%
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 Utilities sector on ASX compared to Windlab
What does Windlab do?
Windlab Limited, renewable wind energy development company, develops, finances, constructs, and operates wind farms in Australia and South Africa. It also provides asset management services to various operating wind farms. The company has development portfolio of 45 projects with a capacity of approximately 7,700 megawatts. Windlab Limited was founded in 2003 and is headquartered in Canberra, Australia.
Companies with ret. on equity similar to Windlab
- Peako has Ret. on equity of -26.32%
- Velan has Ret. on equity of -26.30%
- American Rare Earths has Ret. on equity of -26.29%
- Broken Hill Prospecting has Ret. on equity of -26.29%
- Tembo Gold has Ret. on equity of -26.29%
- QSC AG has Ret. on equity of -26.28%
- Windlab has Ret. on equity of -26.28%
- Theriva Biologics Inc has Ret. on equity of -26.26%
- Luminex Resources has Ret. on equity of -26.26%
- Directel has Ret. on equity of -26.25%
- FYI Resources has Ret. on equity of -26.22%
- Dorel Industries has Ret. on equity of -26.21%
- Justify Capital has Ret. on equity of -26.19%