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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 United Natural Foods, Inc. (NYSE:UNFI), 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 investorsâ money. In short, ROE shows the profit each dollar generates with respect to its shareholder investments.
See ou...
>>> Read more: How Did United Natural Foods, Inc.'s (NYSE:UNFI) 14% ROE Fare Against The Industry?
Return on Equity or ROE is a test of how effectively a company is growing its value and managing investorsâ money. In short, ROE shows the profit each dollar generates with respect to its shareholder investments.
See ou...
>>> Read more: How Did United Natural Foods, Inc.'s (NYSE:UNFI) 14% ROE Fare Against The Industry?
