Published on 22 Sep 2019 on Simply Wall St. via Yahoo Finance

Why Nestlé India Limited (NSE:NESTLEIND) Looks Like A Quality Company

Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is for those who would like to learn about Return On Equity (ROE). To keep the lesson grounded in practicality, we'll use ROE to better understand Nestlé India Limited (NSE:NESTLEIND).

Our data shows Nestlé India has a return on equity of 46% for the last year. One way to conceptualize this, is that for each ₹1 of shareholders' equity it has, the company made ₹0.46 in profit.