CNU News: A Closer Look At Chorus Limited's (NZSE:CNU) Uninspiring ROE - 28th Feb 2024, 5:39am

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While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it is important. We'll use ROE to examine Chorus Limited (NZSE:CNU), by way of a worked example.

Return on equity or ROE is a key measure used to assess how efficiently a company's management is utilizing the company's capital. Put another way, it reveals the company's success at turning shareholder investments into profits.

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