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With its stock down 5.8% over the past three months, it is easy to disregard Fortescue (ASX:FMG). However, the company's fundamentals look pretty decent, and long-term financials are usually aligned with future market price movements. In this article, we decided to focus on Fortescue's ROE.
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. In other words, it is a profitability ratio which measu...
>>> Read more: Fortescue Ltd's (ASX:FMG) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: 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. In other words, it is a profitability ratio which measu...
>>> Read more: Fortescue Ltd's (ASX:FMG) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?
