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African Gold Acquisition Corp
NYSE:AGAC

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African Gold Acquisition Corp
NYSE:AGAC
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Price: 10.12 USD Market Closed
Updated: Apr 25, 2024

ROE
Return on Equity

2.8%
Current
3%
Average
2.1%
Industry
Positive for the last year
2.8%
Positive average
3%
Worse than average
Better than industry value

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
2.8%
=
Net Income
10.8m
/
Equity
391.7m

ROE Across Competitors

ROE Comparison
African Gold Acquisition Corp Competitors

Country Company Market Cap ROE
ZA
African Gold Acquisition Corp
NYSE:AGAC
158.6m USD
3%
CA
Advance Lithium Corp
XTSX:AALI
551.2B CAD
-192%
US
Viveon Health Acquisition Corp
NYSE-MKT:VHAQ
332.4B USD
-1%
US
Gould Investors LP
OTC:GDVTZ
304.4B USD N/A
US
Carson Energy Development Corp
OTC:CDVM
270.6B USD
3 074%
IN
SAB Industries Ltd
BSE:539112
10T INR
17%
NL
Nepi Rockcastle NV
JSE:NRP
76.2B Zac
12%
US
Liberty Bancshares Inc
OTC:LBSI
55.5B USD N/A
US
Ergo Science Corp
OTC:ERGN
55.2B USD
-23%
US
HK Graphene Technology Corp
OTC:HKGT
53.9B USD
76%
ID
Amman Mineral Internasional Tbk PT
IDX:AMMN
687.1T IDR N/A
A
African Gold Acquisition Corp
NYSE:AGAC
Country ZA
Market Cap 158.6m USD
ROE
3%
A
Advance Lithium Corp
XTSX:AALI
Country CA
Market Cap 551.2B CAD
ROE
-192%
V
Viveon Health Acquisition Corp
NYSE-MKT:VHAQ
Country US
Market Cap 332.4B USD
ROE
-1%
G
Gould Investors LP
OTC:GDVTZ
Country US
Market Cap 304.4B USD
ROE N/A
C
Carson Energy Development Corp
OTC:CDVM
Country US
Market Cap 270.6B USD
ROE
3 074%
S
SAB Industries Ltd
BSE:539112
Country IN
Market Cap 10T INR
ROE
17%
N
Nepi Rockcastle NV
JSE:NRP
Country NL
Market Cap 76.2B Zac
ROE
12%
Liberty Bancshares Inc
OTC:LBSI
Country US
Market Cap 55.5B USD
ROE N/A
Ergo Science Corp
OTC:ERGN
Country US
Market Cap 55.2B USD
ROE
-23%
H
HK Graphene Technology Corp
OTC:HKGT
Country US
Market Cap 53.9B USD
ROE
76%
Amman Mineral Internasional Tbk PT
IDX:AMMN
Country ID
Market Cap 687.1T IDR
ROE N/A

Profitability Report

View the profitability report to see the full profitability analysis for African Gold Acquisition Corp.

Full Profitability Report

See Also

Summary
AGAC intrinsic value, competitors valuation, and company profile.
DCF Valuation
AGAC stock valuation using Discount Cash Flow valuation method.
Relative Valuation
AGAC stock valuation using valuation multiples.
Wall Street Estimates
AGAC price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
AGAC stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
What is 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
2.8%
=
Net Income
10.8m
/
Equity
391.7m
What is the ROE of African Gold Acquisition Corp?

Based on African Gold Acquisition Corp's most recent financial statements, the company has ROE of 2.8%.

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