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It is hard to get excited after looking at Codan's (ASX:CDA) recent performance, when its stock has declined 40% over the past three months. However, stock prices are usually driven by a companyâs financials over the long term, which in this case look pretty respectable. Particularly, we will be paying attention to Codan's ROE today.
Return on equity or ROE is a key measure used to assess how efficiently a company's management is utilizing the company's capital. In simpler terms, it measu...
>>> Read more: Codan Limited (ASX:CDA) Stock's Been Sliding But Fundamentals Look Decent: Will The Market Correct The Share Price In The Future?
Return on equity or ROE is a key measure used to assess how efficiently a company's management is utilizing the company's capital. In simpler terms, it measu...
>>> Read more: Codan Limited (ASX:CDA) Stock's Been Sliding But Fundamentals Look Decent: Will The Market Correct The Share Price In The Future?
