Zegona Communications plc Ret. on equity
What is the Ret. on equity of Zegona Communications plc?
The Ret. on equity of Zegona Communications plc is -7.43%
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 Communication Services sector on LSE compared to Zegona Communications plc
What does Zegona Communications plc do?
Zegona Communications plc focuses on investing in telecommunications, media, and technology businesses in Europe. The company was incorporated in 2015 and is based in London, the United Kingdom.
Companies with ret. on equity similar to Zegona Communications plc
- TCW Strategic Income Fund Inc has Ret. on equity of -7.46%
- Rasandik Engineering Industries India has Ret. on equity of -7.46%
- China Renaissance has Ret. on equity of -7.46%
- Riverside Resources has Ret. on equity of -7.45%
- Newmont Corp has Ret. on equity of -7.43%
- Cinevista has Ret. on equity of -7.43%
- Zegona Communications plc has Ret. on equity of -7.43%
- Golden Ridge Resources has Ret. on equity of -7.42%
- American Superconductor has Ret. on equity of -7.42%
- Primorus Investments plc has Ret. on equity of -7.41%
- Minco Silver has Ret. on equity of -7.41%
- Le Saunda has Ret. on equity of -7.41%
- Metallis Resources has Ret. on equity of -7.40%