ADVA Optical Networking SE Ret. on equity
What is the Ret. on equity of ADVA Optical Networking SE?
The Ret. on equity of ADVA Optical Networking SE is 15.11%
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 Technology sector on XETRA compared to ADVA Optical Networking SE
What does ADVA Optical Networking SE do?
ADVA Optical Networking SE engages in the development, manufacture, and sale of optical and Ethernet-based networking solutions to deliver data, storage, voice, and video services worldwide. It offers open optical transport solutions, such as FSP 3000 open terminals, FSP 3000 open line systems, pluggables and subsystems, and optical access solutions; packet edge and aggregation products, including carrier Ethernet and programmable multilayer edge, metro aggregation, and edge computing products; disaggregated networking, such as packet optical terminals and ensemble activators. The company also provides network virtualization products comprising ensemble connectors, orchestrators, and harmony ecosystems, as well as operates ensemble virtualization director, a management platform for the creation and deployment of virtualized services; network infrastructure assurance products; timing and synchronization products; and automated network management products, such as ensemble optical, sync, fiber, and packet director, and ensemble controllers. In addition, it offers professional services to plan, operate, and maintain the networks. The company sells its products to telecommunications service providers, private companies, universities, and government agencies directly, as well as through a network of distribution partners. ADVA Optical Networking SE was founded in 1994 and is headquartered in Munich, Germany.
Companies with ret. on equity similar to ADVA Optical Networking SE
- Ametek Inc has Ret. on equity of 15.09%
- North American Construction has Ret. on equity of 15.10%
- Resilux NV has Ret. on equity of 15.10%
- IGM has Ret. on equity of 15.10%
- Occidental Petroleum has Ret. on equity of 15.10%
- La Doria S.p.A has Ret. on equity of 15.11%
- ADVA Optical Networking SE has Ret. on equity of 15.11%
- Cogra 48 SA has Ret. on equity of 15.11%
- Northern Trust has Ret. on equity of 15.12%
- Northern Trust has Ret. on equity of 15.12%
- GMéxico Transportes, S.A.B. de C.V has Ret. on equity of 15.12%
- Interparfums has Ret. on equity of 15.12%
- Sutlej Textiles and Industries has Ret. on equity of 15.12%