IEL News: IDP Education Limited (ASX:IEL) Stock Has Shown Weakness Lately But Financials Look Strong: Should P - 12th Jul 2024, 3:01pm

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IDP Education (ASX:IEL) has had a rough three months with its share price down 13%. However, stock prices are usually driven by a company’s financial performance over the long term, which in this case looks quite promising. Specifically, we decided to study IDP Education's ROE in this article.

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 measures the profitability...

>>> Read more: IDP Education Limited (ASX:IEL) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?
 
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