Touchpoint Ret. on equity
What is the Ret. on equity of Touchpoint?
The Ret. on equity of Touchpoint Group Holdings, Inc. is 161.06%
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 Communication Services sector on NYSE compared to Touchpoint
What does Touchpoint do?
Touchpoint Group Holdings, Inc., through its subsidiaries, operates as a software development company in the United States, Hong Kong, China, and the United Kingdom. The company engages in the software development, design, integration, support, and maintenance services of a robust fan engagement platform that enhances fan experience and drives commercial aspects of the sport and entertainment business. Its fan engagement platform also brings users closer to the action by enabling them to engage with clubs, favorite players, peers, and relevant brands through various features, including live streaming, access to limited edition merchandise, gamification, user rewards, third party branded offers, credit cards, and related benefits. The company was formerly known as One Horizon Group, Inc. and changed its name to Touchpoint Group Holdings, Inc. in September 2019. Touchpoint Group Holdings, Inc. was incorporated in 1972 and is based in Miami, Florida.
Companies with ret. on equity similar to Touchpoint
- NightFood has Ret. on equity of 159.51%
- Tuscan II has Ret. on equity of 159.52%
- iEnergizer has Ret. on equity of 159.59%
- Betterware De Mexico Sa De Cv has Ret. on equity of 159.93%
- Tabula Rasa HealthCare Inc has Ret. on equity of 160.68%
- Apple has Ret. on equity of 160.90%
- Touchpoint has Ret. on equity of 161.06%
- Biocartis NV has Ret. on equity of 161.10%
- Clear Blue Technologies International has Ret. on equity of 161.15%
- Endo International plc has Ret. on equity of 161.20%
- Black Mammoth Metals has Ret. on equity of 161.44%
- Sri Adhikari Brothers Television Network has Ret. on equity of 161.44%
- Inseego has Ret. on equity of 161.64%