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Most readers would already be aware that Metcash's (ASX:MTS) stock increased significantly by 6.8% over the past month. Given that the market rewards strong financials in the long-term, we wonder if that is the case in this instance. Particularly, we will be paying attention to Metcash's ROE today.
Return on equity or ROE is a key measure used to assess how efficiently a company's management is utilizing the company's capital. In other words, it is a profitability ratio which measures the rate...
>>> Read more: Metcash Limited's (ASX:MTS) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
Return on equity or ROE is a key measure used to assess how efficiently a company's management is utilizing the company's capital. In other words, it is a profitability ratio which measures the rate...
>>> Read more: Metcash Limited's (ASX:MTS) Stock's On An Uptrend: Are Strong Financials Guiding The Market?