Published on 30 Jun 2023 on Simply Wall St. via Yahoo Finance
Most readers would already be aware that Bayerische Motoren Werke's (ETR:BMW) stock increased significantly by 10% over the past three months. Given the company's impressive performance, we decided to study its financial indicators more closely as a company's financial health over the long-term usually dictates market outcomes. Particularly, we will be paying attention to Bayerische Motoren Werke's ROE today.
Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors’ money. In simpler terms, it measures the profitability of a company in relation to shareholder's equity.
See our latest analysis for Bayerische Motoren Werke