Manchester & London Investment Trust Plc Ret. on equity
What is the Ret. on equity of Manchester & London Investment Trust Plc?
The Ret. on equity of Manchester & London Investment Trust Plc is 42.08%
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 LSE compared to Manchester & London Investment Trust Plc
What does Manchester & London Investment Trust Plc do?
Manchester & London Investment Trust plc is a close-ended fund launched and managed by M&L Capital Management Limited. The fund primarily invests in the public equity markets of the United Kingdom. It makes its investments across diversified sectors. The fund primarily invests in growth stocks of companies by employing a fundamental analysis. It benchmarks the performance of its portfolios against the FTSE Actuaries All-Share Index. Manchester & London Investment Trust was formed on January 1, 1972 and is domiciled in the United Kingdom.
Companies with ret. on equity similar to Manchester & London Investment Trust Plc
- Aditya Birla Money has Ret. on equity of 41.90%
- Bausch Health Companies Inc has Ret. on equity of 41.94%
- Targa Resources Corp has Ret. on equity of 41.98%
- ICL has Ret. on equity of 42.07%
- KOS International has Ret. on equity of 42.07%
- Applied Materials has Ret. on equity of 42.08%
- Manchester & London Investment Trust Plc has Ret. on equity of 42.08%
- Microsoft has Ret. on equity of 42.10%
- Lamar Advertising A has Ret. on equity of 42.18%
- IES Inc has Ret. on equity of 42.19%
- Bilby Plc has Ret. on equity of 42.21%
- Lamar Advertising Co has Ret. on equity of 42.21%
- Ross Stores has Ret. on equity of 42.24%