Mitie Group Plc Stock Return On Equity

MITFY Stock  USD 5.42  0.09  1.69%   
Mitie Group Plc fundamentals help investors to digest information that contributes to Mitie Group's financial success or failures. It also enables traders to predict the movement of Mitie Pink Sheet. The fundamental analysis module provides a way to measure Mitie Group'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 Mitie Group pink sheet.
  
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Mitie Group Plc Company Return On Equity Analysis

Mitie Group'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.

Return On Equity

 = 

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

Current Mitie Group Return On Equity

    
  0.0732  
Most of Mitie Group's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Mitie Group Plc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
Competition

Based on the latest financial disclosure, Mitie Group Plc has a Return On Equity of 0.0732. This is 83.36% lower than that of the Industrials sector and significantly higher than that of the Specialty Business Services industry. The return on equity for all United States stocks is 123.61% lower than that of the firm.

Mitie Return On Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Mitie Group's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Mitie Group could also be used in its relative valuation, which is a method of valuing Mitie Group by comparing valuation metrics of similar companies.
Mitie Group is currently under evaluation in return on equity category among its peers.

Mitie Fundamentals

About Mitie Group Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Mitie Group Plc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Mitie Group using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Mitie Group Plc 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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Mitie Pink Sheet Analysis

When running Mitie Group's price analysis, check to measure Mitie Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Mitie Group is operating at the current time. Most of Mitie Group's value examination focuses on studying past and present price action to predict the probability of Mitie Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mitie Group's price. Additionally, you may evaluate how the addition of Mitie Group to your portfolios can decrease your overall portfolio volatility.