Nexway AG Ret. on equity
What is the Ret. on equity of Nexway AG?
The Ret. on equity of Nexway AG is -405.17%
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 Nexway AG
What does Nexway AG do?
asknet Solutions AG, together with its subsidiaries, provides e-commerce solutions to software, video games, services, and retail companies to run their online sales worldwide. It develops and operates online shops for the manufacturers of digital and physical products. The company also provides a range of software solutions and services relating to the procurement, distribution, and management of software and hardware for customers in the research and education sectors; and solutions for monetizing digital business models and connecting companies to the global e-commerce market. In addition, it distributes a range of software solutions for students through its studyhouse.de platform. The company was formerly known as Nexway AG and changed its name to asknet Solutions AG in August 2020. The company was founded in 1995 and is headquartered in Karlsruhe, Germany. As of September 16, 2019, asknet Solutions AG operates as subsidiary of Facebank AG.
Companies with ret. on equity similar to Nexway AG
- Childrens Place Inc has Ret. on equity of -408.42%
- Cidara Therapeutics Inc has Ret. on equity of -408.26%
- Asensus Surgical Inc has Ret. on equity of -406.97%
- Calfrac Well Services has Ret. on equity of -405.72%
- AdUX SA has Ret. on equity of -405.49%
- Shoppers Stop has Ret. on equity of -405.24%
- Nexway AG has Ret. on equity of -405.17%
- Jaguar Health Inc has Ret. on equity of -405.01%
- Sumo Resources Plc has Ret. on equity of -404.74%
- Protokinetix has Ret. on equity of -402.55%
- Freeport Resources has Ret. on equity of -402.17%
- Loop Insights has Ret. on equity of -402.02%
- Fobi Ai has Ret. on equity of -402.02%