SDF News: Are Strong Financial Prospects The Force That Is Driving The Momentum In Steadfast Group Limited's A - 11th Jan 2023, 8:10am

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Most readers would already be aware that Steadfast Group's (ASX:SDF) stock increased significantly by 13% over the past three months. 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 Steadfast Group'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 w...

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