First Resources Limited Overview
First Resources Limited (FTROF) has a ROE of 25.12%, above the sector sector average of 11.75%.
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+ Follow25.12%
Return on Equity measures how efficiently a company uses shareholders' equity to generate profits. A higher ROE indicates better profitability relative to equity.
First Resources Limited posts a ROE of 25.12%. That is above the sector sector average of 11.75%. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.
For its sector stocks, a ROE near 11.75% is typical. First Resources Limited's 25.12% is higher that level. That is roughly 113.7% above the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.
First Resources Limited's ROE moves when the underlying profit, equity, or asset base changes. Cost cuts, pricing power, buybacks, write-downs, and cyclical swings can all shift the percentage. The latest reading is 25.12%; use YoY and peer views to separate noise from signal.
Context for FTROF's ROE usually means three checks: (1) trend versus prior periods, (2) level versus peers (average 11.75%), and (3) consistency with growth and profitability. This page covers the first two; First Resources Limited's other metric pages and overview cover the third.
