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ALS (ASX:ALQ) has had a great run on the share market with its stock up by a significant 9.9% over the last month. Given that the market rewards strong financials in the long-term, we wonder if that is the case in this instance. In this article, we decided to focus on ALS' ROE.
Return on Equity or ROE is a test of how effectively a company is growing its value and managing investorsâ money. Simply put, it is used to assess the profitability of a company in relation to its equity capital.
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>>> Read more: Are Robust Financials Driving The Recent Rally In ALS Limited's (ASX:ALQ) Stock?
Return on Equity or ROE is a test of how effectively a company is growing its value and managing investorsâ money. Simply put, it is used to assess the profitability of a company in relation to its equity capital.
...
>>> Read more: Are Robust Financials Driving The Recent Rally In ALS Limited's (ASX:ALQ) Stock?
