APE News: A Closer Look At Eagers Automotive Limited's (ASX:APE) Impressive ROE - 2nd May 2024, 7:20am

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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 an important factor to be considered by a shareholder because it tells them how effectively their capital is being reinvested. In short, ROE shows the profit each dollar generates with respect to its...

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