SUN News: Is Suncorp Group Limited's (ASX:SUN) 8.7% ROE Strong Compared To Its Industry? - 27th Feb 2024, 10:17am

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While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it is important. We'll use ROE to examine Suncorp Group Limited (ASX:SUN), by way of a worked example.

Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors’ money. In other words, it is a profitability ratio which measures the rate of return on the capital provided by the com...

>>> Read more: Is Suncorp Group Limited's (ASX:SUN) 8.7% ROE Strong Compared To Its Industry?
 
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