Ignitis Grupe Ab Stock Return On Equity
| IGN Stock | 18.98 0.18 0.96% |
Ignitis Grupe AB fundamentals help investors to digest information that contributes to Ignitis Grupe's financial success or failures. It also enables traders to predict the movement of Ignitis Stock. The fundamental analysis module provides a way to measure Ignitis Grupe's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Ignitis Grupe stock.
Ignitis |
Ignitis Grupe AB Company Return On Equity Analysis
Ignitis Grupe's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Based on the latest financial disclosure, Ignitis Grupe AB has a Return On Equity of 0.0. This is 100.0% lower than that of the Commercial Services & Supplies sector and about the same as Industrials (which currently averages 0.0) industry. The return on equity for all United Kingdom stocks is 100.0% lower than that of the firm.
Ignitis Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ignitis Grupe's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Ignitis Grupe could also be used in its relative valuation, which is a method of valuing Ignitis Grupe by comparing valuation metrics of similar companies.Ignitis Grupe is currently under evaluation in return on equity category among its peers.
About Ignitis Grupe Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Ignitis Grupe AB's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ignitis Grupe using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ignitis Grupe AB based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Ignitis Grupe financial ratios help investors to determine whether Ignitis Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Ignitis with respect to the benefits of owning Ignitis Grupe security.