Castings - Stock

Castings ROE 2024

Castings ROE

0.12

Ticker

CGS.L

ISIN

GB0001795680

WKN

935246

In 2024, Castings's return on equity (ROE) was 0.12, a 90.82% increase from the 0.07 ROE in the previous year.

Castings Aktienanalyse

What does Castings do?

Castings PLC is a British company that manufactures aluminum components for the aerospace, automotive, and engineering industries. The company was founded in 1907 in the UK and has been listed on the London Stock Exchange since 1928. The business model of Castings PLC is to produce high-precision aluminum components for its customers. The company uses different manufacturing processes such as sand casting, die casting, and gravity casting to produce customized products. Castings PLC's products are used in a variety of sectors and meet the highest quality standards. The company is divided into different divisions to best meet the requirements of each industry. Castings PLC's divisions are Aerospace, Automotive, and Industrial. In the Aerospace division, the company produces aluminum components for the aviation industry, such as engine housings, components for aircraft landing gear, and parts for flight control and instrument systems. In the Automotive division, Castings PLC produces aluminum components for the automotive industry. This includes transmission cases, differentials, engine and chassis parts, and brake components. Castings PLC's products are used in many well-known car brands. The Industrial division of Castings PLC manufactures aluminum components for the engineering industry. These products are used, for example, in pumps, compressors, and motors. The components also meet the highest quality requirements in this sector. Castings PLC produces over 2,000 different products and supplies them to customers in Europe, North America, and Asia. In order to meet the high demands of its customers, the company relies on close cooperation with them. Castings PLC develops and produces customized solutions and provides comprehensive technical support to its customers. In recent years, Castings PLC has focused on sustainability by making its production more efficient and introducing environmentally friendly processes. Through investments in modern technologies such as 3D printing, the company can increase manufacturing accuracy and reduce waste. Castings PLC takes pride in offering high-quality products that meet the requirements of its customers. The company is committed to continuous development and offering innovative solutions to meet the needs of its customers. Castings ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROE Details

Decoding Castings's Return on Equity (ROE)

Castings's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing Castings's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

Castings's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in Castings’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about Castings stock

What is the ROE (Return on Equity) of Castings this year?

The ROE of Castings this year is 0.12 undefined.

How has the Return on Equity (ROE) of Castings developed compared to the previous year?

The ROE of Castings has increased by 90.82% increased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of Castings?

A high ROE indicates that Castings generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.

What impact does a low ROE (Return on Equity) have on investors of Castings?

A low ROE can indicate that Castings is having difficulties monetizing its investments successfully and can be a negative signal for investors.

How does a change in the ROE (Return on Equity) of Castings affect the company?

A change in ROE (Return on Equity) of Castings can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.

How to calculate the ROE (Return on Equity) of Castings?

The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.

Which factors influence the ROE (Return on Equity) of Castings?

Some factors that can influence Castings's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.

What strategic measures can take to improve the ROE (Return on Equity)?

To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.

How much dividend does Castings pay?

Over the past 12 months, Castings paid a dividend of 0.33 GBP . This corresponds to a dividend yield of about 9.27 %. For the coming 12 months, Castings is expected to pay a dividend of 0.33 GBP.

What is the dividend yield of Castings?

The current dividend yield of Castings is 9.27 %.

When does Castings pay dividends?

Castings pays a quarterly dividend. This is distributed in the months of December, July, August, December.

How secure is the dividend of Castings?

Castings paid dividends every year for the past 0 years.

What is the dividend of Castings?

For the upcoming 12 months, dividends amounting to 0.33 GBP are expected. This corresponds to a dividend yield of 9.27 %.

In which sector is Castings located?

Castings is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Castings kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Castings from 1/4/2024 amounting to 0.041 GBP, you needed to have the stock in your portfolio before the ex-date on 11/23/2023.

When did Castings pay the last dividend?

The last dividend was paid out on 1/4/2024.

What was the dividend of Castings in the year 2023?

In the year 2023, Castings distributed 0.314 GBP as dividends.

In which currency does Castings pay out the dividend?

The dividends of Castings are distributed in GBP.

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Andere Kennzahlen von Castings

Our stock analysis for Castings Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Castings Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.