Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is for those who would like to learn about Return On Equity (ROE). We'll use ROE to examine Eagers Automotive Limited (ASX:APE), by way of a worked example.
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.
See ou...
>>> Read more: A Closer Look At Eagers Automotive Limited's (ASX:APE) Impressive 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.
See ou...
>>> Read more: A Closer Look At Eagers Automotive Limited's (ASX:APE) Impressive ROE
