CNU News: Chorus Limited (NZSE:CNU) Delivered A Weaker ROE Than Its Industry - 7th Aug 2024, 12:03pm

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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. To keep the lesson grounded in practicality, we'll use ROE to better understand Chorus Limited (NZSE:CNU).

Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors’ money. In short, ROE shows the profit each dollar generates with respect to its shareholder invest...

>>> Read more: Chorus Limited (NZSE:CNU) Delivered A Weaker ROE Than Its Industry
 
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