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Nick Scali's (ASX:NCK) stock is up by a considerable 9.3% over the past week. Given that the market rewards strong financials in the long-term, we wonder if that is the case in this instance. In this article, we decided to focus on Nick Scali's ROE.
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 short, ROE shows the profit each dollar generates with respect to its shareholder investments.
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>>> Read more: Are Robust Financials Driving The Recent Rally In Nick Scali Limited's (ASX:NCK) Stock?
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 short, ROE shows the profit each dollar generates with respect to its shareholder investments.
...
>>> Read more: Are Robust Financials Driving The Recent Rally In Nick Scali Limited's (ASX:NCK) Stock?
