MercadoLibre Inc Ret. on equity
What is the Ret. on equity of MercadoLibre Inc?
The Ret. on equity of MercadoLibre Inc is 43.52%
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 Consumer Discretionary sector on NASDAQ compared to MercadoLibre Inc
What does MercadoLibre Inc do?
founded in 1999 and headquartered in buenos aires, argentina, mercadolibre is latin america’s leading e-commerce technology company. through its primary platforms, mercadolibre.com and mercadopago.com, it provides solutions to individuals and companies buying, selling, advertising, and paying for goods online. mercadolibre.com serves millions of users and creates a market for a wide variety of goods and services in an easy, safe and efficient way. the site is among the top 50 in the world in terms of page views and is the leading retail platform in unique visitors in each country in which it operates according to metrics provided by comscore networks. mercadolibre maintains a leadership position in 13 latin american countries. the company listed on nasdaq (nasdaq: meli) following its initial public offering in 2007.
Companies with ret. on equity similar to MercadoLibre Inc
- Chipotle Mexican Grill has Ret. on equity of 43.32%
- Jindal Stainless (Hisar) has Ret. on equity of 43.32%
- iShares Trust - iShares Core S&P 500 ETF has Ret. on equity of 43.33%
- Tata Elxsi has Ret. on equity of 43.33%
- Burlington Stores Inc has Ret. on equity of 43.38%
- Laboratoire les 3 Chenes has Ret. on equity of 43.46%
- MercadoLibre Inc has Ret. on equity of 43.52%
- LPL Inc has Ret. on equity of 43.53%
- Apollo Global Management Inc has Ret. on equity of 43.53%
- Equitrans Midstream has Ret. on equity of 43.53%
- Zephyr plc has Ret. on equity of 43.57%
- Perfect Shape Beauty Technology has Ret. on equity of 43.60%
- Guskin Gold has Ret. on equity of 43.61%