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With its stock down 6.1% over the past month, it is easy to disregard JB Hi-Fi (ASX:JBH). 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 JB Hi-Fi's ROE today.
Return on Equity or ROE is a test of how effectively a company is growing its value and managing investorsâ money. In other words, it is a profitability ratio ...
>>> Read more: JB Hi-Fi Limited's (ASX:JBH) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?
Return on Equity or ROE is a test of how effectively a company is growing its value and managing investorsâ money. In other words, it is a profitability ratio ...
>>> Read more: JB Hi-Fi Limited's (ASX:JBH) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?