Snowman Logistics Ret. on equity
What is the Ret. on equity of Snowman Logistics?
The Ret. on equity of Snowman Logistics Limited is 0.70%
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 Industrials sector on NSE compared to Snowman Logistics
What does Snowman Logistics do?
Snowman Logistics Limited provides temperature-controlled logistics services in India. It operates through three segments: Warehousing Services, Transportation Services, and Consignment Agency Services. The company offers warehousing solutions and services, including ambient, chilled, frozen, and blast freezing facilities. It also provides primary transportation services, such as door-to-door, customized milk run, and part cargo consolidation services; and secondary transportation services comprising last mile distribution. The company operates a fleet of approximately 289 refrigerated vehicles. In addition, it offers retail distribution through a consignment agency services. Further, the company offers value added services, which include kitting, labelling, sorting, stuffing, and de-stuffing of containers, repacking, and bulk breaking; and sorts, grades, packs, and washes selected fruits and vegetables. It serves pharmaceuticals, meat and poultry, seafood, fruits and vegetables, ice cream, confectionery, dairy products, QSRs, ready-to-eat, and processed foods industries. The company was formerly known as Snowman Frozen Foods Limited and changed its name to Snowman Logistics Limited in March 2011. Snowman Logistics Limited was incorporated in 1993 and is based in Bengaluru, India.
Companies with ret. on equity similar to Snowman Logistics
- Schroder BSC Social Impact Trust has Ret. on equity of 0.69%
- Sogou Inc has Ret. on equity of 0.69%
- Venture Life plc has Ret. on equity of 0.69%
- Algonquin Power & Utilities Corp has Ret. on equity of 0.69%
- InfuSystem Inc has Ret. on equity of 0.70%
- The Citadel has Ret. on equity of 0.70%
- Snowman Logistics has Ret. on equity of 0.70%
- Sunlight (1977) has Ret. on equity of 0.71%
- Hooker Furnishings has Ret. on equity of 0.72%
- Transcontinental Realty Investors has Ret. on equity of 0.72%
- Ruttonsha International Rectifier has Ret. on equity of 0.72%
- Morguard Real Estate Investment Trust has Ret. on equity of 0.72%
- Radisson Mining Resources has Ret. on equity of 0.72%