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Tokyo Electron Device Ltd
TSE:2760

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Tokyo Electron Device Ltd
TSE:2760
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Price: 5 680 JPY -3.73% Market Closed
Updated: Apr 26, 2024

ROE
Return on Equity

25.9%
Current
19%
Average
5.6%
Industry
Positive for the last year
25.9%
Positive average
19%
Better 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
25.9%
=
Net Income
9.9B
/
Equity
39.8B

ROE Across Competitors

ROE Comparison
Tokyo Electron Device Ltd Competitors

Country JP
Market Cap 170.3B JPY
ROE
26%
Country US
Market Cap 32.6B USD
ROE
61%
Country US
Market Cap 10.2B USD
ROE
10%
Country ZA
Market Cap 7.5B Zac
ROE
16%
Country CN
Market Cap 55.6B CNY
ROE
6%
Country US
Market Cap 6.9B USD
ROE
16%
Country US
Market Cap 5.9B USD
ROE
17%
Country TW
Market Cap 151B TWD
ROE
6%
Country US
Market Cap 4.5B USD
ROE
15%
Country TW
Market Cap 142.4B TWD
ROE
9%
Country TW
Market Cap 128.6B TWD
ROE
10%

Profitability Report

View the profitability report to see the full profitability analysis for Tokyo Electron Device Ltd.

See Also

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
25.9%
=
Net Income
9.9B
/
Equity
39.8B
What is the ROE of Tokyo Electron Device Ltd?

Based on Tokyo Electron Device Ltd's most recent financial statements, the company has ROE of 25.9%.