What is the Return on Assets (ROA) of Mitie Group this year?
The Return on Assets (ROA) of Mitie Group is 0.07 undefined this year.
Mitie Group ROA 2024
Mitie Group ROA
0.07
Ticker
MTO.L
ISIN
GB0004657408
WKN
864585
In 2024, Mitie Group's return on assets (ROA) was 0.07, a 135.36% increase from the 0.03 ROA in the previous year.
Mitie Group Aktienanalyse
What does Mitie Group do?
The Mitie Group PLC is a British company that was founded in 1987 and has its headquarters in London. It is a facility management and outsourcing company that offers various services to businesses and public institutions. Mitie offers a wide range of services including building cleaning, security services, catering, building maintenance, energy and engineering services, as well as digital technology and consulting services. Mitie's history began with a team of four individuals who founded the company to provide cleaning and maintenance services to businesses. Over the years, Mitie continuously expanded its offerings and grew through numerous acquisitions. The Mitie Group has specialized in various industries including office buildings, retail spaces, airports, government-related organizations, and healthcare facilities. Mitie's clients include both public and private companies. Mitie is committed to continuously improving and optimizing its services. The company has invested heavily in digital technologies and automation in recent years. By utilizing data analytics and artificial intelligence, processes can be optimized, resulting in higher customer satisfaction and lower service costs. An example of Mitie's digital services is the Smart Buildings Hub, a digital management system for buildings that connects a variety of sensors, algorithms, and cloud platforms. This system allows for optimizing the energy consumption of buildings, resulting in cost savings and a reduction in CO2 emissions. Mitie has also expanded its presence in the renewable energy market. The company offers consulting and engineering services for energy efficiency and aims to be carbon neutral by 2025. Since its founding in 1987, Mitie has continuously evolved and expanded its business model. The acquisition of Interserve in 2019 and 2021 were important steps in the company's growth strategy. Mitie aims to be a leading company in scalable outsourcing and facility management and has set its sights on pursuing further growth opportunities and expansions in the coming years. Overall, Mitie offers a variety of services aimed at making the lives of businesses and public institutions easier and better. Through investments in digital technologies and renewable energy, the company demonstrates a high level of responsibility and sustainability. Mitie is a company that focuses on innovation and flexibility to meet the needs of its customers. Mitie Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROA Details
Understanding Mitie Group's Return on Assets (ROA)
Mitie Group's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.
Year-to-Year Comparison
Comparing Mitie Group's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.
Impact on Investments
Investors consider Mitie Group's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.
Interpreting ROA Fluctuations
Variations in Mitie Group’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.
Frequently Asked Questions about Mitie Group stock
What was the ROA of Mitie Group compared to the previous year?
The ROA of Mitie Group has increased by 135.36% compared to the previous year.
What consequences do high ROA have for investors of Mitie Group?
A high ROA is advantageous for investors of Mitie Group, as it indicates that the company efficiently utilizes its assets and generates good profits.
What are the consequences of low ROA for investors in Mitie Group?
A low ROA can be unfavorable for investors of Mitie Group as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.
How does an increase in the ROA of Mitie Group affect the company?
An increase in ROA of Mitie Group can be an indicator of improved efficiency in asset utilization and higher profitability.
How does a reduction in ROA of Mitie Group impact the company?
A reduction in the ROA of Mitie Group can be an indicator of lower asset efficiency and profitability.
What are some factors that can influence the ROA of Mitie Group?
Some factors that can influence the ROA of Mitie Group include revenue, operating costs, asset structure, and industry average.
Why is the ROA of Mitie Group important for investors?
The ROA of Mitie Group is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.
What strategic measures can Mitie Group take to improve ROA?
To improve ROA, Mitie Group can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.
How much dividend does Mitie Group pay?
Over the past 12 months, Mitie Group paid a dividend of 0.07 GBP . This corresponds to a dividend yield of about 5.92 %. For the coming 12 months, Mitie Group is expected to pay a dividend of 0.07 GBP.
What is the dividend yield of Mitie Group?
The current dividend yield of Mitie Group is 5.92 %.
When does Mitie Group pay dividends?
Mitie Group pays a quarterly dividend. This is distributed in the months of July, January, July, July.
How secure is the dividend of Mitie Group?
Mitie Group paid dividends every year for the past 7 years.
What is the dividend of Mitie Group?
For the upcoming 12 months, dividends amounting to 0.07 GBP are expected. This corresponds to a dividend yield of 5.94 %.
In which sector is Mitie Group located?
Mitie Group is assigned to the 'Industry' sector.
Wann musste ich die Aktien von Mitie Group kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Mitie Group from 8/5/2024 amounting to 0.04 GBP, you needed to have the stock in your portfolio before the ex-date on 6/21/2024.
When did Mitie Group pay the last dividend?
The last dividend was paid out on 8/5/2024.
What was the dividend of Mitie Group in the year 2023?
In the year 2023, Mitie Group distributed 0.032 GBP as dividends.
In which currency does Mitie Group pay out the dividend?
The dividends of Mitie Group are distributed in GBP.
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Andere Kennzahlen von Mitie Group
Our stock analysis for Mitie 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 Mitie Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
