Foresight Solar & Technology VCT plc Ret. on equity
What is the Ret. on equity of Foresight Solar & Technology VCT plc?
The Ret. on equity of Foresight Solar & Technology VCT plc is 29.32%
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 Finance sector on LSE compared to Foresight Solar & Technology VCT plc
What does Foresight Solar & Technology VCT plc do?
Foresight Solar & Infrastructure VCT plc is a venture capital trust of Foresight Group. The fund aims to generate returns through tax free dividends, by investing in a portfolio of new electricity generation projects in the very short term as well as longer term energy related infrastructure investments such as smart meters, and solar power generating systems supported by the United Kingdom government's Feed-in Tariff scheme. It invests in solar projects throughout Europe. The fund is a five-year planned exit VCT with an option to remain in the fund as a longer-term investor.
Companies with ret. on equity similar to Foresight Solar & Technology VCT plc
- AIFarm has Ret. on equity of 29.27%
- Chico`s Fas has Ret. on equity of 29.29%
- OptiComm Ltd has Ret. on equity of 29.29%
- Caliber Home Loans has Ret. on equity of 29.29%
- Steel Exchange India has Ret. on equity of 29.30%
- ABG Sundal Collier ASA has Ret. on equity of 29.30%
- Foresight Solar & Technology VCT plc has Ret. on equity of 29.32%
- Muthoot Finance has Ret. on equity of 29.32%
- Wisdom Education International has Ret. on equity of 29.33%
- Dover has Ret. on equity of 29.33%
- Imaging Dynamics has Ret. on equity of 29.34%
- Steel Exchange India has Ret. on equity of 29.36%
- Global Offshore Services has Ret. on equity of 29.37%