The Ret. on equity of Fast Finance24 Holding AG is 4.37%
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.
Fast Finance24 Holding AG, through its investments, engages in the distribution of consumer products through its online marketplace in Germany and rest of Europe. It also provides financial services and microcredits for individuals; and rents products. The company was formerly known as SCY Beteiligungen AG and changed its name to Fast Finance24 Holding AG in February 2019. Fast Finance24 Holding AG was founded in 2003 and is based in Frankfurt am Main, Germany.