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Encourage Technologies Co Ltd
TSE:3682

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Encourage Technologies Co Ltd Logo
Encourage Technologies Co Ltd
TSE:3682
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Price: 581 JPY -1.36% Market Closed
Updated: Apr 27, 2024

ROE
Return on Equity

6.7%
Current
6%
Average
3.7%
Industry

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
6.7%
=
Net Income
221.1m
/
Equity
3.3B

ROE Across Competitors

ROE Comparison
Encourage Technologies Co Ltd Competitors

Country JP
Market Cap 3.9B JPY
ROE
7%
Country US
Market Cap 3T USD
ROE
39%
Country US
Market Cap 325.7B USD
ROE
665%
Country US
Market Cap 149.6B USD
ROE
27%
Country US
Market Cap 94.5B USD
ROE
90%
Country US
Market Cap 73.7B USD
ROE
5%
Country US
Market Cap 61.5B USD
ROE
106%
Country US
Market Cap 49.3B USD
ROE
-308%
Country US
Market Cap 26.5B USD
ROE
-19%
Country IL
Market Cap 17.1B USD
ROE
29%
Country US
Market Cap 14.5B USD
ROE
61%

Profitability Report

View the profitability report to see the full profitability analysis for Encourage Technologies Co 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
6.7%
=
Net Income
221.1m
/
Equity
3.3B
What is the ROE of Encourage Technologies Co Ltd?

Based on Encourage Technologies Co Ltd's most recent financial statements, the company has ROE of 6.7%.