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With its stock down 18% over the past three months, it is easy to disregard Elders (ASX:ELD). However, a closer look at its sound financials might cause you to think again. Given that fundamentals usually drive long-term market outcomes, the company is worth looking at. Particularly, we will be paying attention to Elders' ROE today.
ROE or return on equity is a useful tool to assess how effectively a company can generate returns on the investment it received from its shareholders. Put another ...
>>> Read more: Elders Limited's (ASX:ELD) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?
ROE or return on equity is a useful tool to assess how effectively a company can generate returns on the investment it received from its shareholders. Put another ...
>>> Read more: Elders Limited's (ASX:ELD) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?