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With its stock down 5.9% over the past three months, it is easy to disregard Contact Energy (NZSE:CEN). Given that stock prices are usually driven by a companyâs fundamentals over the long term, which in this case look pretty weak, we decided to study the company's key financial indicators. In this article, we decided to focus on Contact Energy's ROE.
Return on equity or ROE is a key measure used to assess how efficiently a company's management is utilizing the company's capital. Simply p...
>>> Read more: Are Poor Financial Prospects Dragging Down Contact Energy Limited (NZSE:CEN Stock?
Return on equity or ROE is a key measure used to assess how efficiently a company's management is utilizing the company's capital. Simply p...
>>> Read more: Are Poor Financial Prospects Dragging Down Contact Energy Limited (NZSE:CEN Stock?
