MMP Industries Ltd
NSE:MMP
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 |
|
MMP Industries Ltd
NSE:MMP
|
7.6B INR |
13%
|
|
| CN |
C
|
China Hongqiao Group Ltd
HKEX:1378
|
174.5B HKD |
22%
|
|
| IN |
|
Hindalco Industries Ltd
NSE:HINDALCO
|
1.6T INR |
14%
|
|
| CN |
A
|
Aluminum Corp of China Ltd
OTC:ALMMF
|
17.3B USD |
21%
|
|
| CN |
|
Aluminum Corporation of China Ltd
SSE:601600
|
122.8B CNY |
21%
|
|
| NO |
|
Norsk Hydro ASA
OSE:NHY
|
115.9B NOK |
9%
|
|
| MY |
|
Press Metal Aluminium Holdings Bhd
KLSE:PMETAL
|
43.7B MYR |
23%
|
|
| CN |
|
Yunnan Aluminium Co Ltd
SZSE:000807
|
57.9B CNY |
15%
|
|
| US |
|
Alcoa Corp
NYSE:AA
|
8.1B USD |
18%
|
|
| CN |
|
Shandong Nanshan Aluminium Co Ltd
SSE:600219
|
45.5B CNY |
12%
|
|
| RU |
|
OK Rusal MKPAO
MOEX:RUAL
|
466.3B RUB |
7%
|
MMP Industries Ltd
Glance View
MMP Industries Ltd. engages in the manufacturing of aluminium products. The company is headquartered in Nagpur, Maharashtra. The company went IPO on 2018-04-12. The Company’s segment includes Aluminum Powder and Pastes, which includes aluminum power, aluminum pastes and atomized powder; aluminum conductor, which includes aluminum conductor; aluminum foil, which includes aluminum foil, and Others, which includes manganese oxide / dioxide, washers, circlips, and coals. The Aluminum powders (pyro, flake, and atomized) are used in many industrial sectors like construction (AAC Blocks) and mining (aluminized slurry explosives), agriculture (pesticides), defense (ammunition), firecrackers, and railways (thermit portions). Aluminum foils are used in pharmaceutical, food packaging. The power sector consumes aluminum Conductors and cables for the laying of overhead transmission lines.
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 MMP Industries Ltd's most recent financial statements, the company has ROE of 12.7%.
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