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Toyo Tire Corp
TSE:5105

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Toyo Tire Corp Logo
Toyo Tire Corp
TSE:5105
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Price: 2 816 JPY -2.53%
Updated: Apr 25, 2024

ROE
Return on Equity

20.2%
Current
15%
Average
7.6%
Industry
Positive for the last year
20.2%
Positive average
15%
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
20.2%
=
Net Income
72.3B
/
Equity
361.3B

ROE Across Competitors

ROE Comparison
Toyo Tire Corp Competitors

Country JP
Market Cap 433.6B JPY
ROE
20%
Country JP
Market Cap 4.6T JPY
ROE
10%
Country FR
Market Cap 25.7B EUR
ROE
11%
Country CN
Market Cap 51.6B CNY
ROE
19%
Country IN
Market Cap 549.7B INR
ROE
13%
Country IT
Market Cap 6B EUR
ROE
9%
Country IN
Market Cap 458.8B INR
ROE
16%
Country KR
Market Cap 7.1T KRW
ROE
8%
Country CN
Market Cap 35.1B CNY
ROE
5%
Country TW
Market Cap 149.4B TWD
ROE
8%
Country JP
Market Cap 645.2B JPY
ROE
10%

Profitability Report

View the profitability report to see the full profitability analysis for Toyo Tire Corp.

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
20.2%
=
Net Income
72.3B
/
Equity
361.3B
What is the ROE of Toyo Tire Corp?

Based on Toyo Tire Corp's most recent financial statements, the company has ROE of 20.2%.