UIL Ret. on equity
What is the Ret. on equity of UIL?
The Ret. on equity of UIL Ltd. is -24.11%
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 UIL
What does UIL do?
UIL Limited is a closed-ended equity mutual fund launched and managed by ICM Limited. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating in the infrastructure, utility, and related sectors including water, sewerage, waste, electricity, gas, telecommunications, ports, airports, service, rail, roads, and any business with essential service or monopolistic characteristics. The fund primarily invests in value stocks of companies. It employs fundamental analysis with a focus on such factors as sound balance sheets, good cash flows, ability to pay and sustain dividends, good asset bases, and market conditions to create its portfolio. The fund benchmarks the performance of its portfolio against the FTSE Utilities Index, FTSE All-Share Index, and the Dow Jones World Utilities Index. It was formerly known as Utilico Investments Limited. UIL Limited was formed on August, 2003 and is domiciled in Bermuda.
Companies with ret. on equity similar to UIL
- Amtech Systems has Ret. on equity of -24.16%
- Xenon Pharmaceuticals Inc has Ret. on equity of -24.16%
- PCF plc has Ret. on equity of -24.15%
- China Aluminum International Engineering has Ret. on equity of -24.14%
- ATEX Resources has Ret. on equity of -24.13%
- Hoist Capital has Ret. on equity of -24.12%
- UIL has Ret. on equity of -24.11%
- Goa Carbon has Ret. on equity of -24.11%
- Panacea Acquisition has Ret. on equity of -24.08%
- Infinity Lithium has Ret. on equity of -24.08%
- ON24 has Ret. on equity of -24.08%
- 4D Molecular Therapeutics has Ret. on equity of -24.06%
- AGL has Ret. on equity of -24.04%