Get informed when a big investor buys or sells
+ Follow-11.89%
Return on Equity measures how efficiently a company uses shareholders' equity to generate profits. A higher ROE indicates better profitability relative to equity.
Innovation (3970.T) currently reports a ROE of -11.89%. That is below the Technology sector average of 40.55%. Use the charts on this page to explore Innovation's ROE history and peer comparisons.
Innovation's ROE of -11.89% is lower than the Technology sector average of 40.55%. That is roughly 129.3% below the sector mean. A reading lower peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.
There is no universal 'good' ROE, but Innovation's current -11.89% should be judged against Technology norms (sector average: 40.55%) and against 3970.T's own history. Strong, stable readings often indicate durable competitive advantage; volatile or declining ones deserve a closer look at margins and capital efficiency.
Start with the current ROE of -11.89%, then check the historical chart for trend and the peer comparison chart for relative positioning. The Technology average is 40.55%. From there, open related valuation or income-statement pages for Innovation, and consider following 3970.T for alerts when major investors trade the stock.
Innovation is classified in the Technology sector. On ROE, it currently shows -11.89% versus a sector average near 40.55%. Sector peers often share similar capital intensity and growth regimes, so relative rankings inside Technology are usually more informative than comparing 3970.T with unrelated industries.