I like the idea of this company and water is attractive as a commodity.
The profit growth is also impressive.
Trying to understand where the growth has come from. Is it simply expansion of the asset base of are they growing eps?
I am wondering about the ROA and ROE over the last 2 years.
Based on the final report from Feb 2019 I did basic calculations and found
2017 ROA = 2.36% and 2017 ROE = 2.46%
2018 ROA = 3.77% and 2018 ROE = 4.88%
I guess ROE has nearly doubled but it is not a very impressive absolute return.
Maybe I have got things wrong?
Or maybe the type of business does not command a high ROE?
Any insights would be welcome.
I like the idea of this company and water is attractive as a...
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Last
$1.54 |
Change
0.010(0.65%) |
Mkt cap ! $241.1M | |||
| Open | High | Low | Value | Volume |
| $1.53 | $1.54 | $1.53 | $51.25K | 33.50K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 26 | $1.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.54 | 10199 | 1 |
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| Last trade - 15.58pm 25/07/2025 (20 minute delay) ? |
| D2O (ASX) Chart |