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Mirvac Group's (ASX:MGR) stock is up by a considerable 16% over the past month. However, we decided to pay close attention to its weak financials as we are doubtful that the current momentum will keep up, given the scenario. Specifically, we decided to study Mirvac Group's ROE in this article.
Return on Equity or ROE is a test of how effectively a company is growing its value and managing investorsâ money. Simply put, it is used to assess the profitability of a company in relation to its ...
>>> Read more: Mirvac Group's (ASX:MGR) On An Uptrend But Financial Prospects Look Pretty Weak: Is The Stock Overpriced?
Return on Equity or ROE is a test of how effectively a company is growing its value and managing investorsâ money. Simply put, it is used to assess the profitability of a company in relation to its ...
>>> Read more: Mirvac Group's (ASX:MGR) On An Uptrend But Financial Prospects Look Pretty Weak: Is The Stock Overpriced?
