Vodafone Idea Ltd
NSE:IDEA
ROE
Return on Equity
ROE, or Return on Equity, is a key financial ratio that measures a company's profitability. Specifically, it measures how many dollars of profit are generated for each dollar of shareholder's equity. A higher ROE indicates better financial performance and effective use of capital, making it a valuable metric for investors assessing a company's earning potential.
ROE Across Competitors
| Country | Company | Market Cap | ROE | ||
|---|---|---|---|---|---|
| IN |
V
|
Vodafone Idea Ltd
NSE:IDEA
|
795.2B INR |
31%
|
|
| US |
|
T-Mobile US Inc
NASDAQ:TMUS
|
273.8B USD |
19%
|
|
| ZA |
V
|
Vodacom Group Ltd
JSE:VOD
|
267.5B Zac |
18%
|
|
| ZA |
M
|
MTN Group Ltd
JSE:MTN
|
256.6B Zac |
-7%
|
|
| CN |
|
China Mobile Ltd
SSE:600941
|
1.5T CNY |
10%
|
|
| IN |
|
Bharti Airtel Ltd
NSE:BHARTIARTL
|
11.5T INR |
34%
|
|
| JP |
|
SoftBank Group Corp
TSE:9984
|
15.4T JPY |
10%
|
|
| JP |
|
SoftBank Corp
TSE:9434
|
10.5T JPY |
21%
|
|
| JP |
|
KDDI Corp
TSE:9433
|
9.9T JPY |
13%
|
|
| MX |
|
America Movil SAB de CV
BMV:AMXB
|
1T MXN |
9%
|
|
| UK |
|
Vodafone Group PLC
LSE:VOD
|
20.4B GBP |
-7%
|
Vodafone Idea Ltd
Glance View
Vodafone Idea Ltd., born from the 2018 merger of two telecom giants, Vodafone India and Idea Cellular, represents a pivotal chapter in India's telecommunications narrative. Facing intense competition from nimble rivals like Reliance Jio, the merger was a strategic move to leverage strengths and navigate the turbulent landscape of mobile network services. Seated at the crux of a rapidly digitizing India, Vodafone Idea operates by providing a spectrum of services ranging from voice to high-speed data. With a focus on enhancing digital experiences, it caters to diverse customer needs—from smartphone users demanding seamless video streaming to businesses seeking robust enterprise connectivity solutions. Revenue flows into Vodafone Idea primarily through subscription fees for its myriad services, which include prepaid and postpaid mobile plans, broadband services, and enterprise offerings. The company has also strategically tapped into the digital solutions market, supporting the massive consumer base’s transition to smart solutions and the Internet of Things (IoT). This constellation of services is supported by an expansive network infrastructure that requires substantial investment and innovation. However, the company has faced significant financial hurdles, grappling with staggering debts and regulatory challenges in a high-stakes environment. Despite these pressures, Vodafone Idea continues to strategize on cost optimization and technological advancements to maintain its foothold in one of the world's fastest-growing telecom markets.
See Also
ROE, or Return on Equity, is a key financial ratio that measures a company's profitability. Specifically, it measures how many dollars of profit are generated for each dollar of shareholder's equity. A higher ROE indicates better financial performance and effective use of capital, making it a valuable metric for investors assessing a company's earning potential.
Based on Vodafone Idea Ltd's most recent financial statements, the company has ROE of 31.4%.
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