Published on 24 May 2024 on Simply Wall St. via Yahoo Finance
Intertek Group plc's (LON:ITRK) Has Had A Decent Run On The Stock market: Are Fundamentals In The...
Intertek Group's (LON:ITRK) stock up by 9.7% over the past three months. We wonder if and what role the company's financials play in that price change as a company's long-term fundamentals usually dictate market outcomes. Specifically, we decided to study Intertek Group's ROE in this article.
Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors’ money. In other words, it is a profitability ratio which measures the rate of return on the capital provided by the company's shareholders.