Published on 15 Apr 2024 on Simply Wall St. via Yahoo Finance
Most readers would already be aware that Graham's (NYSE:GHM) stock increased significantly by 46% over the past three months. However, we wonder if the company's inconsistent financials would have any adverse impact on the current share price momentum. Specifically, we decided to study Graham'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.