GLB News: Are Globe International Limited's (ASX:GLB) Fundamentals Good Enough to Warrant Buying Given The Sto - 5th Apr 2023, 2:39pm

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With its stock down 16% over the past three months, it is easy to disregard Globe International (ASX:GLB). However, stock prices are usually driven by a company’s financials over the long term, which in this case look pretty respectable. Particularly, we will be paying attention to Globe International's 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. In simpler terms, it measu...

>>> Read more: Are Globe International Limited's (ASX:GLB) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?
 
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