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Yahoo
a day ago
- Business
- Yahoo
Returns Are Gaining Momentum At Zegona Communications (LON:ZEG)
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key financial metrics. Firstly, we'll want to see a proven return on capital employed (ROCE) that is increasing, and secondly, an expanding base of capital employed. If you see this, it typically means it's a company with a great business model and plenty of profitable reinvestment opportunities. So on that note, Zegona Communications (LON:ZEG) looks quite promising in regards to its trends of return on capital. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. What Is Return On Capital Employed (ROCE)? If you haven't worked with ROCE before, it measures the 'return' (pre-tax profit) a company generates from capital employed in its business. Analysts use this formula to calculate it for Zegona Communications: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.05 = €314m ÷ (€8.5b - €2.2b) (Based on the trailing twelve months to March 2025). Thus, Zegona Communications has an ROCE of 5.0%. Ultimately, that's a low return and it under-performs the Telecom industry average of 11%. Check out our latest analysis for Zegona Communications In the above chart we have measured Zegona Communications' prior ROCE against its prior performance, but the future is arguably more important. If you'd like to see what analysts are forecasting going forward, you should check out our free analyst report for Zegona Communications . What Can We Tell From Zegona Communications' ROCE Trend? We're delighted to see that Zegona Communications is reaping rewards from its investments and is now generating some pre-tax profits. About five years ago the company was generating losses but things have turned around because it's now earning 5.0% on its capital. In addition to that, Zegona Communications is employing 1,807% more capital than previously which is expected of a company that's trying to break into profitability. We like this trend, because it tells us the company has profitable reinvestment opportunities available to it, and if it continues going forward that can lead to a multi-bagger performance. On a side note, we noticed that the improvement in ROCE appears to be partly fueled by an increase in current liabilities. Effectively this means that suppliers or short-term creditors are now funding 26% of the business, which is more than it was five years ago. It's worth keeping an eye on this because as the percentage of current liabilities to total assets increases, some aspects of risk also increase. What We Can Learn From Zegona Communications' ROCE To the delight of most shareholders, Zegona Communications has now broken into profitability. And a remarkable 560% total return over the last five years tells us that investors are expecting more good things to come in the future. With that being said, we still think the promising fundamentals mean the company deserves some further due diligence. Before jumping to any conclusions though, we need to know what value we're getting for the current share price. That's where you can check out our that compares the share price and estimated value. While Zegona Communications may not currently earn the highest returns, we've compiled a list of companies that currently earn more than 25% return on equity. Check out this free list here. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
3 days ago
- Business
- Yahoo
Is Nuveen ESG Large-Cap Growth ETF (NULG) a Strong ETF Right Now?
Launched on 12/13/2016, the Nuveen ESG Large-Cap Growth ETF (NULG) is a smart beta exchange traded fund offering broad exposure to the Style Box - Large Cap Growth category of the market. What Are Smart Beta ETFs? For a long time now, the ETF industry has been flooded with products based on market capitalization weighted indexes, which are designed to represent the broader market or a particular market segment. Investors who believe in market efficiency should consider market cap indexes, as they replicate market returns in a low-cost, convenient, and transparent way. However, some investors believe in the possibility of beating the market through exceptional stock selection, and choose a different type of fund that tracks non-cap weighted strategies: smart beta. By attempting to pick stocks that have a better chance of risk-return performance, non-cap weighted indexes are based on certain fundamental characteristics, or a combination of such. Methodologies like equal-weighting, one of the simplest options out there, fundamental weighting, and volatility/momentum based weighting are all choices offered to investors in this space, but not all of them can deliver superior returns. Fund Sponsor & Index The fund is managed by Nuveen, and has been able to amass over $1.66 billion, which makes it one of the average sized ETFs in the Style Box - Large Cap Growth. Before fees and expenses, NULG seeks to match the performance of the TIAA ESG USA Large-Cap Growth Index. The Nuveen ESG USA Large-Cap Growth Index composes of equity securities issued by large capitalization companies listed on U.S. exchanges. Cost & Other Expenses Expense ratios are an important factor in the return of an ETF and in the long-term, cheaper funds can significantly outperform their more expensive cousins, other things remaining the same. Operating expenses on an annual basis are 0.26% for NULG, making it on par with most peer products in the space. NULG's 12-month trailing dividend yield is 0.14%. Sector Exposure and Top Holdings Even though ETFs offer diversified exposure that minimizes single stock risk, investors should also look at the actual holdings inside the fund. Luckily, most ETFs are very transparent products that disclose their holdings on a daily basis. This ETF has heaviest allocation in the Information Technology sector - about 48.9% of the portfolio. Consumer Discretionary and Telecom round out the top three. Taking into account individual holdings, Nvidia Corp (NVDA) accounts for about 13.14% of the fund's total assets, followed by Broadcom Inc (AVGO) and Alphabet Inc (GOOG). The top 10 holdings account for about 42.74% of total assets under management. Performance and Risk The ETF has gained about 10.41% so far this year and it's up approximately 13.47% in the last one year (as of 07/17/2025). In the past 52-week period, it has traded between $70.54 and $94.78 NULG has a beta of 1.18 and standard deviation of 20.87% for the trailing three-year period. With about 80 holdings, it effectively diversifies company-specific risk . Alternatives Nuveen ESG Large-Cap Growth ETF is an excellent option for investors seeking to outperform the Style Box - Large Cap Growth segment of the market. There are other ETFs in the space which investors could consider as well. Vanguard ESG U.S. Stock ETF (ESGV) tracks FTSE US ALL CAP CHOICE INDEX and the iShares ESG Aware MSCI USA ETF (ESGU) tracks MSCI USA ESG Focus Index. Vanguard ESG U.S. Stock ETF has $10.76 billion in assets, iShares ESG Aware MSCI USA ETF has $13.83 billion. ESGV has an expense ratio of 0.09% and ESGU changes 0.15%. Investors looking for cheaper and lower-risk options should consider traditional market cap weighted ETFs that aim to match the returns of the Style Box - Large Cap Growth Bottom Line To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Nuveen ESG Large-Cap Growth ETF (NULG): ETF Research Reports This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
4 days ago
- Business
- Yahoo
Scotiabank Raises Comcast (CMCSA) Price Target, Maintains Sector Perform Rating
Comcast Corporation (NASDAQ:CMCSA) is one of the Best Non-Mega Cap NASDAQ Stocks to Buy Right Now. Scotiabank has nudged its price target on Comcast Corporation (NASDAQ:CMCSA) to $45 from $44.50, maintaining a rating on the stock. The adjustment reflects the bank's cautious optimism toward the broader Telecom, Media, and Technology (TMT) space as macroeconomic pressures intensify. A couple watching their favorite show on TV, enjoying the entertainment network service. In a note to clients, Scotiabank analysts described the TMT sector as a 'great place to hide' amid mounting global uncertainties, including slowing economic momentum and the impact of escalating tariff disputes. The firm sees companies like Comcast as relatively well-positioned to weather volatility, offering stability in a shifting landscape. While financial performance across the sector is expected to hold steady, Scotiabank flagged potential softness in key subscriber metrics. The bank pointed to slowing population growth, largely attributed to reduced immigration, as a factor that may weigh on new customer acquisition, particularly in broadband and wireless segments. Still, the firm sees Comcast's diversified portfolio, which spans broadband, content, and theme parks, as a buffer against near-term pressures. The modest target increase reflects both confidence in Comcast's earnings potential and caution over demographic headwinds. While we acknowledge the potential of CMCSA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: Top 10 Healthcare AI Stocks to Buy According to Hedge Funds and 10 Consumer Defensive Stocks to Buy Now. Disclosure: None. This article is originally published at Insider Monkey.
Time of India
5 days ago
- Business
- Time of India
Six lakh villages to get high-speed fibre-based broadband in next 3 yrs: DoT secy
As many as six lakh villages will get connected with a high-speed optical fibre-based broadband network within three years, a senior government official said on speaking at CII-GCC Business Summit, Telecom Secretary Neeraj Mittal said that GCCs (Global Capability Center) are currently concentrated in some of the top cities, and the wider connectivity will help them expand their footprint to tier 2 and 3 towns."Within three years, we will have all the village panchayats, which are roughly about 2.5 lakhs, plus the villages associated with them, which are roughly about 6 lakhs, will get connected to a high-speed fibre network," he said. The government has started rolling out Bharatnet Phase 3 with an outlay of ₹1.39 lakh crore to connect every gram panchayat and villages with an optical fibre cable (OFC) network. The project will also connect mobile towers with OFCs that will boost network speed, as the country will look to begin high-speed 6G services in the future. Mittal said that India has a significantly lower data cost of around 9 cents per GB compared to the global average of USD 2.6, which is a very significant enabler for any GCC. "The enablers of GCC are very well established in India. We need talent, which is very critical. We need connectivity, which is excellent. The capability to innovate, the rule of law, strong IPR protections, all these things make India a very attractive destination," he said. Mittal said India's median broadband speed was about 138 Mbps. "We cover 99.6 per cent of the GCC. There are only two districts in the country where there is no 5G. Recently, three companies have now these new licences fully ready to commercialise, which will connect these tier 2, tier 3 cities and people who would work for these GCCs wherever they want to," he noted. The government recently freed some spectrum to boost wifi proliferation across the country. "We are working on freeing up additional spectrum and creating R&D, SMEs and startups in these fields. We hope that with all these initiatives, the GCCs will find the digital infrastructure not to be lacking when they plan for Tier 2 and Tier 3 cities," Mittal said. He said that the government is trying to bring in ease of doing business for the cable landing stations through a single window portal.
Time of India
6 days ago
- Business
- Time of India
Six lakh villages to get high-speed fibre-based broadband in next 3 yrs: DoT Secy
As many as six lakh villages will get connected with a high-speed optical fibre-based broadband network within three years, a senior government official said on Monday. While speaking at CII-GCC Business Summit, Telecom Secretary Neeraj Mittal said that GCCs (Global Capability Center) are currently concentrated in some of the top cities, and the wider connectivity will help them expand their footprint to tier 2 and 3 towns. "Within three years, we will have all the village panchayats, which are roughly about 2.5 lakhs, plus the villages associated with them, which are roughly about 6 lakhs, will get connected to a high-speed fibre network," he said. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Buy Lifetime Office 365 Download The government has started rolling out Bharatnet Phase 3 with an outlay of Rs 1.39 lakh crore to connect every gram panchayat and villages with an optical fibre cable (OFC) network. The project will also connect mobile towers with OFCs that will boost network speed, as the country will look to begin high-speed 6G services in the future. Live Events Mittal said that India has a significantly lower data cost of around 9 cents per GB compared to the global average of USD 2.6, which is a very significant enabler for any GCC. "The enablers of GCC are very well established in India. We need talent, which is very critical. We need connectivity, which is excellent. The capability to innovate, the rule of law, strong IPR protections, all these things make India a very attractive destination," he said. Mittal said India's median broadband speed was about 138 Mbps. "We cover 99.6 per cent of the GCC. There are only two districts in the country where there is no 5G. Recently, three companies have now these new licences fully ready to commercialise, which will connect these tier 2, tier 3 cities and people who would work for these GCCs wherever they want to," he noted. The government recently freed some spectrum to boost wifi proliferation across the country. "We are working on freeing up additional spectrum and creating R&D, SMEs and startups in these fields. We hope that with all these initiatives, the GCCs will find the digital infrastructure not to be lacking when they plan for Tier 2 and Tier 3 cities," Mittal said. He said that the government is trying to bring in ease of doing business for the cable landing stations through a single window portal. PTI
