COL News: Coles Group Limited's (ASX:COL) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: - 6th Nov 2023, 12:07pm

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It is hard to get excited after looking at Coles Group's (ASX:COL) recent performance, when its stock has declined 15% over the past three months. However, stock prices are usually driven by a company’s financials over the long term, which in this case look pretty respectable. In this article, we decided to focus on Coles Group's ROE.

Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors’ money. In other words, it is a profitabilit...

>>> Read more: Coles Group Limited's (ASX:COL) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?
 
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