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With its stock down 15% over the past three months, it is easy to disregard Sims (ASX:SGM). However, stock prices are usually driven by a companyâs financials over the long term, which in this case look pretty respectable. In this article, we decided to focus on Sims' ROE.
Return on equity or ROE is a key measure used to assess how efficiently a company's management is utilizing the company's capital. Simply put, it is used to assess the profitability of a company in relation to its equit...
>>> Read more: Declining Stock and Decent Financials: Is The Market Wrong About Sims Limited (ASX:SGM)?
Return on equity or ROE is a key measure used to assess how efficiently a company's management is utilizing the company's capital. Simply put, it is used to assess the profitability of a company in relation to its equit...
>>> Read more: Declining Stock and Decent Financials: Is The Market Wrong About Sims Limited (ASX:SGM)?