What is the ROE (Return on Equity) of Mainova this year?
The ROE of Mainova this year is 0.08 undefined.
Mainova ROE 2024
Mainova ROE
0.08
Mainova Dividend yield
2.95 %
Ticker
MNV6.F
ISIN
DE0006553464
WKN
655346
In 2024, Mainova's return on equity (ROE) was 0.08, a -170.61% increase from the -0.12 ROE in the previous year.
Mainova Aktienanalyse
What does Mainova do?
Mainova AG is an energy supply company based in Frankfurt. It was founded in 1998 as the successor to the Frankfurt Gas and Electricity Works. The company's business model includes supplying private and business customers with electricity, gas, heat, and water. Mainova focuses on decentralized energy generation, with the goal of reducing dependence on central power plants and increasing supply security. They also aim to reduce greenhouse gas emissions and contribute to climate protection. Mainova operates in several sectors, including electricity, gas, water, and heat supply. They utilize both conventional and renewable energy sources, with around 50% of their electricity mix coming from renewables in 2020. Mainova also has a focus on electric mobility, operating eleven charging stations for electric cars. In the gas sector, they offer both natural gas and biogas, with a current share of around 10% biogas that is set to increase in the future. They are also working on the development of hydrogen as an energy carrier and the conversion from natural gas to hydrogen networks. Mainova operates the water supply network in Frankfurt and provides drinking water to approximately one million people in the region. Heat supply is another important area for Mainova, with a focus on district heating produced in decentralized combined heat and power plants and biomass facilities. Their district heating network spans around 850 kilometers and supplies approximately 130,000 households and numerous public institutions. In addition to their supply sectors, Mainova offers tailored products and services, such as electricity and gas tariffs and consulting services on energy efficiency and renewable energy. They also operate a customer portal for contract management and energy consumption monitoring. Mainova has approximately 2,700 employees and achieved a revenue of around 2.2 billion euros in 2020. As a municipal company, Mainova is rooted in the region and actively engages in social and environmental initiatives. Their goal is to ensure reliable energy supply while contributing to the sustainable development of the region. Mainova ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROE Details
Decoding Mainova's Return on Equity (ROE)
Mainova'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 Mainova'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
Mainova'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 Mainova’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 Mainova Stock
How has the Return on Equity (ROE) of Mainova developed compared to the previous year?
The ROE of Mainova has increased by -170.61% decreased compared to the previous year.
What impact does a high ROE (Return on Equity) have on investors of Mainova?
A high ROE indicates that Mainova 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 Mainova?
A low ROE can indicate that Mainova 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 Mainova affect the company?
A change in ROE (Return on Equity) of Mainova 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 Mainova?
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 Mainova?
Some factors that can influence Mainova'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 Mainova pay?
Over the past 12 months, Mainova paid a dividend of 10.84 EUR . This corresponds to a dividend yield of about 2.95 %. For the coming 12 months, Mainova is expected to pay a dividend of 10.84 EUR.
What is the dividend yield of Mainova?
The current dividend yield of Mainova is 2.95 %.
When does Mainova pay dividends?
Mainova pays a quarterly dividend. This is distributed in the months of June, June, July, September.
How secure is the dividend of Mainova?
Mainova paid dividends every year for the past 20 years.
What is the dividend of Mainova?
For the upcoming 12 months, dividends amounting to 10.84 EUR are expected. This corresponds to a dividend yield of 2.95 %.
In which sector is Mainova located?
Mainova is assigned to the 'Utilities' sector.
Wann musste ich die Aktien von Mainova kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Mainova from 8/31/2023 amounting to 10.84 EUR, you needed to have the stock in your portfolio before the ex-date on 8/31/2023.
When did Mainova pay the last dividend?
The last dividend was paid out on 8/31/2023.
What was the dividend of Mainova in the year 2023?
In the year 2023, Mainova distributed 10.84 EUR as dividends.
In which currency does Mainova pay out the dividend?
The dividends of Mainova are distributed in EUR.
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Andere Kennzahlen von Mainova
Our stock analysis for Mainova 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 Mainova Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
