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Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is for those who would like to learn about Return On Equity (ROE). To keep the lesson grounded in practicality, we'll use ROE to better understand McMillan Shakespeare Limited (ASX:MMS).
Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their capital is being reinvested. In short, ROE shows the profit each dollar...
>>> Read more: Is McMillan Shakespeare Limited's (ASX:MMS) ROE Of 44% Impressive?
Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their capital is being reinvested. In short, ROE shows the profit each dollar...
>>> Read more: Is McMillan Shakespeare Limited's (ASX:MMS) ROE Of 44% Impressive?
