COL News: Coles Group Limited's (ASX:COL) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The - 1st May 2024, 7:19am

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With its stock down 4.3% over the past month, it is easy to disregard Coles Group (ASX:COL). However, stock prices are usually driven by a company’s financials over the long term, which in this case look pretty respectable. Specifically, we decided to study Coles Group's ROE in this article.

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 which measures the rate o...

>>> Read more: Coles Group Limited's (ASX:COL) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?
 
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