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Coventry Group Stock

Coventry Group ROE 2024

Coventry Group ROE

0.02

Ticker

CYG.AX

ISIN

AU000000CYG6

WKN

895475

In 2024, Coventry Group's return on equity (ROE) was 0.02, a -48.65% increase from the 0.04 ROE in the previous year.

Coventry Group Aktienanalyse

What does Coventry Group do?

Coventry Group Ltd is an Australian company specializing in providing industrial products and services. It was founded in 1936 and is headquartered in Melbourne. The company is listed on the Australian stock exchange and focuses on making the working environment safer and more productive for its customers. Coventry Group Ltd has different divisions catering to various industries, such as trade supplies, automotive parts, fluid handling solutions, and fasteners. The company aims to deliver high-quality products at competitive prices and works closely with its customers to understand and meet their needs. It also prioritizes sustainable sourcing and has conducted environmental assessments and certifications for its products. Coventry Group Ltd is focused on strengthening its position in the Australian market and expanding its global presence, including in countries like New Zealand, Singapore, and Papua New Guinea. In summary, Coventry Group Ltd is a specialized provider of industrial products and services, with a diverse portfolio and a focus on innovation and expansion. Coventry Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROE Details

Decoding Coventry Group's Return on Equity (ROE)

Coventry Group'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 Coventry Group'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

Coventry Group'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 Coventry Group’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 Coventry Group stock

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

The ROE of Coventry Group this year is 0.02 undefined.

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

The ROE of Coventry Group has increased by -48.65% decreased compared to the previous year.

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

A high ROE indicates that Coventry Group 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 Coventry Group?

A low ROE can indicate that Coventry Group 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 Coventry Group affect the company?

A change in ROE (Return on Equity) of Coventry Group 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 Coventry Group?

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 Coventry Group?

Some factors that can influence Coventry Group'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 Coventry Group pay?

Over the past 12 months, Coventry Group paid a dividend of 0.05 AUD . This corresponds to a dividend yield of about 3.49 %. For the coming 12 months, Coventry Group is expected to pay a dividend of 0.05 AUD.

What is the dividend yield of Coventry Group?

The current dividend yield of Coventry Group is 3.49 %.

When does Coventry Group pay dividends?

Coventry Group pays a quarterly dividend. This is distributed in the months of November, October, October, October.

How secure is the dividend of Coventry Group?

Coventry Group paid dividends every year for the past 6 years.

What is the dividend of Coventry Group?

For the upcoming 12 months, dividends amounting to 0.05 AUD are expected. This corresponds to a dividend yield of 3.51 %.

In which sector is Coventry Group located?

Coventry Group is assigned to the 'Industry' sector.

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

To receive the latest dividend of Coventry Group from 10/13/2023 amounting to 0.05 AUD, you needed to have the stock in your portfolio before the ex-date on 9/28/2023.

When did Coventry Group pay the last dividend?

The last dividend was paid out on 10/13/2023.

What was the dividend of Coventry Group in the year 2023?

In the year 2023, Coventry Group distributed 0.05 AUD as dividends.

In which currency does Coventry Group pay out the dividend?

The dividends of Coventry Group are distributed in AUD.

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Andere Kennzahlen von Coventry Group

Our stock analysis for Coventry Group 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 Coventry Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.