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Wesfarmers' (ASX:WES) stock is up by 8.3% over the past three months. Given its impressive performance, we decided to study the company's key financial indicators as a company's long-term fundamentals usually dictate market outcomes. Specifically, we decided to study Wesfarmers' ROE in this article.
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 simpler terms, it measures the profitabilit...
>>> Read more: Wesfarmers Limited's (ASX:WES) Recent Stock Performance Looks Decent- Can Strong Fundamentals Be the Reason?
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 simpler terms, it measures the profitabilit...
>>> Read more: Wesfarmers Limited's (ASX:WES) Recent Stock Performance Looks Decent- Can Strong Fundamentals Be the Reason?
