Greencoat Renewables PLC Ret. on equity
What is the Ret. on equity of Greencoat Renewables PLC?
The Ret. on equity of Greencoat Renewables PLC is 12.32%
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 Utilities sector on EURONEXT compared to Greencoat Renewables PLC
What does Greencoat Renewables PLC do?
Greencoat Renewables PLC invests in, acquires, operates, and manages wind farms in Ireland and France. As of December 31, 2020, it operated 21 wind farms with an aggregate generating capacity of 557 megawatts in Ireland. It also invests in wind and solar assets in other Northern European countries. Greencoat Renewables PLC was incorporated in 2017 and is based in Dublin, Ireland.
Companies with ret. on equity similar to Greencoat Renewables PLC
- Arihant Capital Markets has Ret. on equity of 12.31%
- Housing and Urban Development has Ret. on equity of 12.31%
- Jilin Province Chuncheng Heating has Ret. on equity of 12.31%
- Shaw Communications has Ret. on equity of 12.31%
- Weyco Inc has Ret. on equity of 12.31%
- NSI NV has Ret. on equity of 12.31%
- Greencoat Renewables PLC has Ret. on equity of 12.32%
- Giordano International has Ret. on equity of 12.32%
- Thangamayil Jewellery has Ret. on equity of 12.32%
- Summit Midstream Partners LP has Ret. on equity of 12.32%
- M.D.C has Ret. on equity of 12.32%
- Firstsource Solutions has Ret. on equity of 12.32%
- Element Fleet Management has Ret. on equity of 12.32%