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One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. We'll use ROE to examine McMillan Shakespeare Limited (ASX:MMS), by way of a worked example.
Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their capital is being reinvested. In short, ROE shows the profit each dollar generates...
>>> Read more: Can McMillan Shakespeare Limited (ASX:MMS) Maintain Its Strong Returns?
Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their capital is being reinvested. In short, ROE shows the profit each dollar generates...
>>> Read more: Can McMillan Shakespeare Limited (ASX:MMS) Maintain Its Strong Returns?
