How Good Is First Derivatives plc (LON:FDP), When It Comes To ROE?
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. By way of learning-by-doing, we'll look at ROE to gain a better understanding of First Derivatives plc (LON:FDP).
Our data shows First Derivatives has a return on equity of 9.2% for the last year. That means that for every £1 worth of shareholders' equity, it generated £0.09 in profit.View our latest analysis for First Derivatives How Do You Calculate ROE? The formula for ROE is: Return on Equity = Net Profit ÷ Shareholders' Equity Or for First Derivatives: 9.2% = UK£13m ÷ UK£143m (Based on the trailing twelve months to February 2019.)
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