1300SMILES Ret. on equity
What is the Ret. on equity of 1300SMILES?
The Ret. on equity of 1300SMILES Limited is 22.52%
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 Health Care sector on ASX compared to 1300SMILES
What does 1300SMILES do?
1300SMILES Limited provides dental and management services in Australia. It enables the delivery of services to patients by offering the use of dental surgeries, practice management, and other services to self-employed dentists who carry on their own dental practices. The company also provides services in the areas of marketing, administration, billing and collections, and facilities certification and licensing to participating dentists; and support staff, equipment, and facilities, as well as sources various consumable goods. In addition, it offers general, restorative, cosmetic, preventive, and children's dentistry services, as well as orthodontics services. The company serves dentists ranging from new graduates to experienced dental professionals. It owns and operates approximately 30 full-service dental facilities in Queensland, Sydney, and Adelaide. The company was founded in 2000 and is based in Townsville, Australia.
Companies with ret. on equity similar to 1300SMILES
- Gold Fields Ltd has Ret. on equity of 22.49%
- Steel Partners LP has Ret. on equity of 22.49%
- Altium has Ret. on equity of 22.50%
- Endava plc has Ret. on equity of 22.50%
- Comstock Co. Inc has Ret. on equity of 22.51%
- Mount Gibson Iron has Ret. on equity of 22.51%
- 1300SMILES has Ret. on equity of 22.52%
- Cimmco has Ret. on equity of 22.53%
- GMP Capital has Ret. on equity of 22.54%
- Dream Industrial Real Estate Investment Trust has Ret. on equity of 22.54%
- Smith & Wesson Brands has Ret. on equity of 22.55%
- STADA Arzneimittel Aktiengesellschaft has Ret. on equity of 22.55%
- Everest Consolidator Acquisition has Ret. on equity of 22.55%