Afterpay Touch Ret. on equity
What is the Ret. on equity of Afterpay Touch?
The Ret. on equity of Afterpay Touch Group 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 Technology sector on ASX compared to Afterpay Touch
What does Afterpay Touch do?
Afterpay Limited, together with its subsidiaries, provides payments solutions to customers, merchants, and businesses. Its Afterpay Asia Pacific segment operates the Afterpay platforms in Australia, New Zealand, and Asia. The company's Afterpay North America segment operates the Afterpay platforms in the United States and Canada. Its Clearpay segment operates the Clearpay platforms in the United Kingdom and Europe. The company's Pay Now segment provides mobility, health, and e-services. The company was formerly known as Afterpay Touch Group Limited and changed its name to Afterpay Limited in November 2019. Afterpay Limited was incorporated in 2017 and is based in Melbourne, Australia.
Companies with ret. on equity similar to Afterpay Touch
- DGO Gold has Ret. on equity of -14.21%
- First Vanadium has Ret. on equity of -14.20%
- Fortress Transportation and Infrastructure Investors has Ret. on equity of -14.19%
- American Outdoor Brands has Ret. on equity of -14.18%
- Hind Aluminium Industries has Ret. on equity of -14.18%
- IZEA Worldwide Inc has Ret. on equity of -14.18%
- Afterpay Touch has Ret. on equity of -14.17%
- Lefroy Exploration has Ret. on equity of -14.16%
- Synlait Milk has Ret. on equity of -14.14%
- Western Asset Global High Income Fund Inc has Ret. on equity of -14.14%
- NetScientific plc has Ret. on equity of -14.14%
- Munic S.A has Ret. on equity of -14.13%
- Celsius Resources has Ret. on equity of -14.13%