The Macroaxis Fundamental Analysis lookup allows users to check a given indicator for any equity or select from a set of available indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations. Please check also Equity Screeners to view more equity screening tools
Return On Equity Analysis
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how effecently a company utilizes investments to generate income.
For most industries Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Based on latest financial disclosure Alcoa Inc has Return On Equity of 23.8%. This is much higher than that of the Primary Production sector, and significantly higher than that of Non-ferrous Metals Production And Products industry, The Return On Equity for all stocks is over 1000% lower than the firm.
Alcoa Return On Equity Comparison
Alcoa is rated second in return on equity category among related companies.
Did you try this?
Run Money Managers Now
Screen money managers from public funds and ETFs managed around the world