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Woolworths Group (ASX:WOW) has had a rough month with its share price down 12%. However, the company's fundamentals look pretty decent, and long-term financials are usually aligned with future market price movements. In this article, we decided to focus on Woolworths Group's ROE.
Return on Equity or ROE is a test of how effectively a company is growing its value and managing investorsâ money. Put another way, it reveals the company's success at turning shareholder investments into profits...
>>> Read more: Are Woolworths Group Limited's (ASX:WOW) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?
Return on Equity or ROE is a test of how effectively a company is growing its value and managing investorsâ money. Put another way, it reveals the company's success at turning shareholder investments into profits...
>>> Read more: Are Woolworths Group Limited's (ASX:WOW) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?
