Abacus Property Stapled Securities Ret. on equity
What is the Ret. on equity of Abacus Property Stapled Securities?
The Ret. on equity of Abacus Property Group Stapled Securities is -14.38%
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 Real Estate sector on ASX compared to Abacus Property Stapled Securities
What does Abacus Property Stapled Securities do?
Abacus Property Group (ASX:ABP), is a diversified Australian REIT with an investment portfolio concentrated in the Office and Self Storage sectors. We invest capital in real estate opportunities to deliver superior long term returns and maximise securityholder value. Abacus is a strong asset backed, annuity style business model where capital is directed towards assets that provide potential for enhanced income growth and ultimately create value. Our people, market insight and repositioning capability together with strategic partnering are the key enablers of our strategy. Located in a single corporate office in Sydney, Australia, Abacus is listed on the Australian Stock Exchange and is included in the S&P/ASX 200 index. Abacus is comprised of Abacus Group Holdings Limited (the nominated parent entity), Abacus Group Projects Limited and Abacus Storage Operations Limited, Abacus Trust, Abacus Income Trust and Abacus Storage Property Trust. The shares and units in these entities are stapled together and trade as one security in ABP.
Companies with ret. on equity similar to Abacus Property Stapled Securities
- Canada Carbon has Ret. on equity of -14.40%
- K9 Gold Corp has Ret. on equity of -14.40%
- Australian Mines has Ret. on equity of -14.40%
- CPM has Ret. on equity of -14.39%
- Globalstar has Ret. on equity of -14.39%
- Controladora Vuela Cia De Aviacion has Ret. on equity of -14.38%
- Abacus Property Stapled Securities has Ret. on equity of -14.38%
- BlackRock MuniYield Quality Fund III Inc has Ret. on equity of -14.37%
- 9 Capital has Ret. on equity of -14.34%
- Ballard Power Systems has Ret. on equity of -14.34%
- Suryalakshmi Cotton Mills has Ret. on equity of -14.33%
- QuantGate Systems has Ret. on equity of -14.32%
- Quantgate Sys Inc has Ret. on equity of -14.32%