PAO Severstal Ret. on equity
What is the Ret. on equity of PAO Severstal?
The Ret. on equity of PAO Severstal is 57.78%
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 Miscellaneous sector on LSE compared to PAO Severstal
What does PAO Severstal do?
PAO Severstal, together with its subsidiaries, operates as an integrated steel and steel-related mining company in Russia, Europe, CIS, the Middle East, North America, Africa, Central and South America, and Asia. The company operates through two divisions, Severstal Resources and Severstal Russian Steel. It produces iron ore pellets, iron ore concentrates, crushed stones, and ferrite strontium powder; and coking and steam coal, and coking coal concentrates; blast furnace unfluxed and fluxed pellets, as well as iron ore to steel producers. The company also provides flat and long-rolled products, hot and cold-rolled flat products, galvanized and color coated products, and long-steel applications for use in automotive and construction industry; pipes for use in oil and gas pipeline projects; and cold-drawn steel products, steel shapes, railway fasteners, low carbon and high carbon wires, nails, steel fiber products, steel wire ropes, wire strands, and steel meshes and fasteners. In addition, it engages in repair and steel construction, air transport, scrap processing, steel machining, and shipping operations. The company offers metal products for construction and service processing, oil and gas, tube and pipe, machinery, automotive, and other companies. PAO Severstal sells its products to regional and national distributors, and directly to end-users, as well as through a network of metal centers. The company was formerly known as Open Joint-Stock Company Severstal and changed its name to PAO Severstal in December 2014. PAO Severstal was founded in 1955 and is headquartered in Moscow, Russia.
Companies with ret. on equity similar to PAO Severstal
- Pond Technologies has Ret. on equity of 57.42%
- ATOSS Software AG has Ret. on equity of 57.46%
- ATOSS Software AG has Ret. on equity of 57.46%
- AWN has Ret. on equity of 57.64%
- Digjam has Ret. on equity of 57.65%
- TG Therapeutics Inc has Ret. on equity of 57.73%
- PAO Severstal has Ret. on equity of 57.78%
- Sumeet Industries has Ret. on equity of 57.85%
- Vitreous Glass has Ret. on equity of 57.86%
- Wincanton Plc has Ret. on equity of 57.88%
- Balyo SA has Ret. on equity of 57.90%
- Birks Inc has Ret. on equity of 57.95%
- Simon Property has Ret. on equity of 57.99%