La Forestiere Equatoriale SA Ret. on equity
What is the Ret. on equity of La Forestiere Equatoriale SA?
The Ret. on equity of La Forestiere Equatoriale SA is 0.20%
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 EURONEXT compared to La Forestiere Equatoriale SA
What does La Forestiere Equatoriale SA do?
La Forestière Equatoriale SA, through its subsidiary, Sitarail, operates a railway network that transports people and goods between Ivory Coast and Burkina Faso. The company is based in Abidjan, Ivory Coast.
Companies with ret. on equity similar to La Forestiere Equatoriale SA
- Beijing Capital Grand has Ret. on equity of 0.20%
- Austar Lifesciences has Ret. on equity of 0.20%
- The Indian Wood Products has Ret. on equity of 0.20%
- Key Tronic has Ret. on equity of 0.20%
- Norben Tea & Exports has Ret. on equity of 0.20%
- Jindal Steel & Power has Ret. on equity of 0.20%
- La Forestiere Equatoriale SA has Ret. on equity of 0.20%
- N Brown Plc has Ret. on equity of 0.21%
- RPP Infra Projects has Ret. on equity of 0.21%
- Kakatiya Cement Sugar and Industries has Ret. on equity of 0.21%
- Ruicheng (China) Media has Ret. on equity of 0.21%
- Kingston has Ret. on equity of 0.21%
- Refnol Resins and Chemicals has Ret. on equity of 0.22%