Mortgage Choice Ret. on equity
What is the Ret. on equity of Mortgage Choice?
The Ret. on equity of Mortgage Choice Limited is 10.85%
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 ASX compared to Mortgage Choice
What does Mortgage Choice do?
Mortgage Choice Limited provides mortgage broking services in Australia. It operates through two segments, Mortgage Choice Franchised Mortgage Broking and Mortgage Choice's Financial Planning Arm. The company offers assistance in determining the borrowing capacities of residential mortgage borrowers; and assessment of a range of home loans products, as well as submits loan applications on behalf of borrowers. It also provides assistance with car loans, equipment finance, general insurance, and personal loans to support personal and home pursuits and/or consolidate debts; and financial planning services. In addition, the company offers life, mortgage and income protection, car, home building and contents, lenders mortgage, and landlord insurance products. It provides loan origination services through its franchise network. The company was founded in 1992 and is headquartered in North Sydney, Australia.
Companies with ret. on equity similar to Mortgage Choice
- Commercial Engineers & Body Builders Co has Ret. on equity of 10.84%
- Compania Cervecerias Unidas S.A has Ret. on equity of 10.84%
- Caribbean Utilities has Ret. on equity of 10.84%
- Banco Santander SA has Ret. on equity of 10.84%
- Moog has Ret. on equity of 10.85%
- Eagle Capital Growth Fund has Ret. on equity of 10.85%
- Mortgage Choice has Ret. on equity of 10.85%
- Woori Inc has Ret. on equity of 10.85%
- Capri Global Capital has Ret. on equity of 10.85%
- Balrampur Chini Mills has Ret. on equity of 10.85%
- Zoom Video Communications Inc has Ret. on equity of 10.85%
- Verizon Communications has Ret. on equity of 10.86%
- Waterco has Ret. on equity of 10.86%