BioNeutra Global Ret. on equity
What is the Ret. on equity of BioNeutra Global?
The Ret. on equity of BioNeutra Global Corporation is 83.86%
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 Consumer Staples sector on TSXV compared to BioNeutra Global
What does BioNeutra Global do?
BioNeutra Global Corporation, together with its subsidiaries, engages in the research and development, production, and commercialization of food ingredients for nutraceutical, functional, and mainstream foods, and beverages with a focus on oligosaccharides. The company's lead product is VitaFiber, an isomalto-oligosaccharide functional and health food ingredient that offers low calorie soluble prebiotic fiber for human digestive health. It serves small and medium enterprises, and various food manufacturers in in Canada, the United States, Europe, Australia, New Zealand, and Southeast Asia. The company provides VitaFiber through Amazon.com and Shopify.com, as well as other direct-to-consumer retail channels. BioNeutra Global Corporation is based in Edmonton, Canada.
Companies with ret. on equity similar to BioNeutra Global
- Mesabi Trust has Ret. on equity of 83.21%
- Marine Petroleum Trust has Ret. on equity of 83.40%
- Cairn Plc has Ret. on equity of 83.67%
- Avianca S.A has Ret. on equity of 83.71%
- Houghton Mifflin Harcourt Co has Ret. on equity of 83.73%
- Advicenne SA has Ret. on equity of 83.84%
- BioNeutra Global has Ret. on equity of 83.86%
- Kaspi.kz Joint Stock has Ret. on equity of 83.93%
- Illinois Tool Works has Ret. on equity of 84.09%
- Illinois Tool Works has Ret. on equity of 84.09%
- Agricultural Land Trust has Ret. on equity of 84.14%
- Vmware has Ret. on equity of 84.45%
- TANSH Global Food Co., Ltd has Ret. on equity of 84.48%