Valuation check: SOLO's ROE is -76.91%, below the Consumer Discretionary sector average of 22.61%.
Get informed when a big investor buys or sells
+ Follow-76.91%
Return on Equity measures how efficiently a company uses shareholders' equity to generate profits. A higher ROE indicates better profitability relative to equity.
Electrameccanica Vehicles (SOLO) currently reports a ROE of -76.91%. That is below the Consumer Discretionary sector average of 22.61%. Use the charts on this page to explore Electrameccanica Vehicles's ROE history and peer comparisons.
Electrameccanica Vehicles's ROE of -76.91% is lower than the Consumer Discretionary sector average of 22.61%. That is roughly 440.1% 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 Electrameccanica Vehicles's current -76.91% should be judged against Consumer Discretionary norms (sector average: 22.61%) and against SOLO'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 -76.91%, then check the historical chart for trend and the peer comparison chart for relative positioning. The Consumer Discretionary average is 22.61%. From there, open related valuation or income-statement pages for Electrameccanica Vehicles, and consider following SOLO for alerts when major investors trade the stock.
Electrameccanica Vehicles is classified in the Consumer Discretionary sector. On ROE, it currently shows -76.91% versus a sector average near 22.61%. Sector peers often share similar capital intensity and growth regimes, so relative rankings inside Consumer Discretionary are usually more informative than comparing SOLO with unrelated industries.