Echo Plc Ret. on equity
What is the Ret. on equity of Echo Plc?
The Ret. on equity of Echo Energy Plc is 36.25%
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 Energy sector on LSE compared to Echo Plc
What does Echo Plc do?
Echo Energy plc, through its subsidiaries, operates as an exploration and gas focused E&P company in Latin America. The company's asset portfolio consists of Santa Cruz Sur. It also engages in holding Argentinian and Bolivian branch assets. The company was formerly known as Independent Resources plc. Echo Energy plc was incorporated in 2005 and is based in London, the United Kingdom.
Companies with ret. on equity similar to Echo Plc
- Fondul Proprietatea SA has Ret. on equity of 36.13%
- Aridis Pharmaceuticals Inc has Ret. on equity of 36.16%
- 3D Systems has Ret. on equity of 36.20%
- Myovant Sciences Ltd has Ret. on equity of 36.24%
- Smart Employee Benefits has Ret. on equity of 36.24%
- Schultze Special Purpose Acquisition Corp II has Ret. on equity of 36.25%
- Echo Plc has Ret. on equity of 36.25%
- Propel has Ret. on equity of 36.28%
- Aehr Test Systems has Ret. on equity of 36.30%
- Chipotle Mexican Grill has Ret. on equity of 36.30%
- International Business Machines has Ret. on equity of 36.30%
- Ekotechnika Ag A O.N has Ret. on equity of 36.31%
- Legend Strategy International has Ret. on equity of 36.33%