AI Stocks with Exceptional ROCE/ROE Ratios to Watch Out For
Discover three AI stocks with impressive return on capital employed (ROCE) and return on equity (ROE) ratios
Ai StocksRoceRoeKody Technolab LtdKsolves India LtdDatamatics Global Services LtdReal EstateMay 26, 2024
Kody Technolab Ltd is an India-based full-stack development company engaged in software development services, AI consultation, and IoT services. The company has reported a ROE of 104% and a ROCE of 57% in the recent financial year.
Ksolves India Ltd is a software development company providing IT solutions to companies across sectors like real estate, e-commerce, finance, and telecom healthcare. The company's ROE has increased from 110.44% in FY 22-23 to 143.31% in FY 23-24, while its ROCE has risen from 138.72% to 177.19% during the same period.
Datamatics Global Services Ltd is a global provider of IT, business process management, and consulting services. The company's portfolio includes digital technology solutions, business process management, and engineering services powered by artificial intelligence. Although its ROE is relatively lower at 16.12%, its ROCE stands at 19.89%.
The Indian stock market has witnessed significant growth in AI-related companies, driven by increasing demand for automation and digital transformation. As AI technology continues to advance, these companies are expected to play a crucial role in shaping the future of various industries.
Kody Technolab Ltd, Ksolves India Ltd, and Datamatics Global Services Ltd are all listed on the Indian stock exchange and are engaged in providing AI-related services to various industries.
Frequently Asked Questions
What is ROCE? A: Return on Capital Employed (ROCE) is a financial ratio that measures a company's profitability in relation to the capital employed Q: What is ROE? A: Return on Equity (ROE) is a financial ratio that measures a company's profitability in relation to its shareholders' equity Q: What are AI stocks? A: AI stocks refer to the shares of companies that are engaged in the development and implementation of artificial intelligence technology Q: Why are AI stocks attractive? A: AI stocks are attractive because they have the potential to offer high growth rates and attractive returns driven by increasing demand for automation and digital transformation Q: What are the risks associated with investing in AI stocks? A: Investing in AI stocks carries risks including market volatility intense competition and regulatory changes It is essential to exercise due caution and consult with a financial advisor before making investment decisions
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