Adairs Ret. on equity
What is the Ret. on equity of Adairs?
The Ret. on equity of Adairs Limited is 14.17%
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 Discretionary sector on ASX compared to Adairs
What does Adairs do?
Adairs Limited operates as a specialty retailer of home decoration and furnishing products in Australia and New Zealand. It operates in two segments, Adairs and Mocka. The company offers bedroom, bathroom, furniture, homewares, and kid's products, as well as gifts. It sells its products under various brands and through online stores. The company was formerly known as Home & Decor Holdings Pty Ltd and changed its name to Adairs Limited in May 2015. Adairs Limited was founded in 1918 and is based in Scoresby, Australia.
Companies with ret. on equity similar to Adairs
- NRB Bearings has Ret. on equity of 14.15%
- NIIT has Ret. on equity of 14.15%
- Zynex Inc has Ret. on equity of 14.15%
- Musti Oyj has Ret. on equity of 14.16%
- Engineers India has Ret. on equity of 14.17%
- West Fraser Timber Co has Ret. on equity of 14.17%
- Adairs has Ret. on equity of 14.17%
- Shriram City Union Finance has Ret. on equity of 14.17%
- BAB has Ret. on equity of 14.17%
- Level One Bancorp Inc has Ret. on equity of 14.17%
- Bit Digital has Ret. on equity of 14.17%
- Golden Bull has Ret. on equity of 14.17%
- Xinyi Automobile Glass Hong Kong Enterprises has Ret. on equity of 14.17%