Honeywell Automation India Ret. on equity
What is the Ret. on equity of Honeywell Automation India?
The Ret. on equity of Honeywell Automation India Limited is 23.10%
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 Industrials sector on BSE compared to Honeywell Automation India
What does Honeywell Automation India do?
Honeywell Automation India Limited provides integrated automation and control systems in India and internationally. The company manufactures electronic systems and components; and trades in, repairs, and maintains machinery, equipment, and supplies. It also provides building management systems, fire detection and alarm systems, access control systems, video surveillance systems, and integrated security and building management systems, as well as aftermarket services for various control systems; and utilities' operations and maintenance services for mechanical and electrical systems in buildings. In addition, the company offers project engineering and software development services; engineering, sourcing, manufacturing, testing, project management, and systems design services; lifecycle and technology migration services; and industrial cyber security services. Further, it engages in the sensing and internet of things activities. The company was incorporated in 1984 and is based in Pune, India. Honeywell Automation India Limited is a subsidiary of HAIL Mauritius Limited.
Companies with ret. on equity similar to Honeywell Automation India
- Shanghai MicroPort Endovascular MedTech Co has Ret. on equity of 23.09%
- ST Microelectronics has Ret. on equity of 23.09%
- Pacific Ventures has Ret. on equity of 23.09%
- Ramkrishna Forgings has Ret. on equity of 23.10%
- Sixt SE has Ret. on equity of 23.10%
- Sixt SE has Ret. on equity of 23.10%
- Honeywell Automation India has Ret. on equity of 23.10%
- Mueller Industries has Ret. on equity of 23.11%
- HCL Infosystems has Ret. on equity of 23.12%
- Brightcom has Ret. on equity of 23.12%
- Hong Kong Resources has Ret. on equity of 23.13%
- The Tinplate Of India has Ret. on equity of 23.14%
- MFF Capital Investments has Ret. on equity of 23.14%