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With its stock down 10% over the past month, it is easy to disregard Fortescue Metals Group (ASX:FMG). 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. In this article, we decided to focus on Fortescue Metals Group's ROE.
Return on Equity or ROE is a test of how effectively a company is growing its value and managing investorsâ money. In simpler terms, it measure...
>>> Read more: Could The Market Be Wrong About Fortescue Metals Group Limited (ASX:FMG) Given Its Attractive Financial Prospects?
Return on Equity or ROE is a test of how effectively a company is growing its value and managing investorsâ money. In simpler terms, it measure...
>>> Read more: Could The Market Be Wrong About Fortescue Metals Group Limited (ASX:FMG) Given Its Attractive Financial Prospects?
