Purple Group Stock

Purple Group ROE 2024

Purple Group ROE

-0.04

Ticker

PPE.JO

ISIN

ZAE000185526

In 2024, Purple Group's return on equity (ROE) was -0.04, a -147.45% increase from the 0.09 ROE in the previous year.

Purple Group Aktienanalyse

What does Purple Group do?

Purple Group Ltd is a South African company specializing in online financial services. It was founded in 2002 and is headquartered in Johannesburg. The company's business model is based on providing innovative and user-friendly trading platforms and tools for retail and institutional clients. Its main activities are organized into three business areas: 1. Online trading platforms, including the GT247.com platform, offering access to a wide range of financial instruments. 2. Investment solutions tailored to the needs of retail and institutional clients, including investment advice, portfolio management, fund administration, and trading support. 3. Other services, such as investor training, customer support, and technical assistance. Purple Group Ltd has gained a reputation in recent years as an innovative and robust online platform for trading various securities in South Africa and other African countries. The company has successfully focused on the growing market for online financial services and has managed to increase its market share. A major factor contributing to the company's popularity is its high level of customer orientation. It has worked to understand and meet the needs and expectations of its customers, resulting in high customer satisfaction and loyalty. Another strength of Purple Group Ltd is its ability to adapt to changing market conditions and quickly respond to new trends and developments. The company has a strong technological foundation and continuously invests in developing new products and technologies to remain competitive. In summary, Purple Group Ltd is a leading company in the online financial services sector in South Africa and other African countries. It has successfully focused on the market for online trading platforms and investment solutions and has earned a reputation as an innovative and customer-oriented company. With its strong technological foundation and ability to adapt to changing market conditions, the company is well-positioned for future success. The output was not clearly mentioned in the text. Purple Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROE Details

Decoding Purple Group's Return on Equity (ROE)

Purple 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 Purple 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

Purple 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 Purple 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 Purple Group stock

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

The ROE of Purple Group this year is -0.04 undefined.

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

The ROE of Purple Group has increased by -147.45% decreased compared to the previous year.

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

A high ROE indicates that Purple 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 Purple Group?

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

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

Some factors that can influence Purple 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 Purple Group pay?

Over the past 12 months, Purple Group paid a dividend of 0.01 ZAR . This corresponds to a dividend yield of about 0.01 %. For the coming 12 months, Purple Group is expected to pay a dividend of 0 ZAR.

What is the dividend yield of Purple Group?

The current dividend yield of Purple Group is 0.01 %.

When does Purple Group pay dividends?

Purple Group pays a quarterly dividend. This is distributed in the months of December, May, December, May.

How secure is the dividend of Purple Group?

Purple Group paid dividends every year for the past 0 years.

What is the dividend of Purple Group?

For the upcoming 12 months, dividends amounting to 0 ZAR are expected. This corresponds to a dividend yield of 0 %.

In which sector is Purple Group located?

Purple Group is assigned to the 'Finance' sector.

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

To receive the latest dividend of Purple Group from 4/25/2016 amounting to 0.007 ZAR, you needed to have the stock in your portfolio before the ex-date on 4/18/2016.

When did Purple Group pay the last dividend?

The last dividend was paid out on 4/25/2016.

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

In the year 2023, Purple Group distributed 0 ZAR as dividends.

In which currency does Purple Group pay out the dividend?

The dividends of Purple Group are distributed in ZAR.

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Andere Kennzahlen von Purple Group

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