Published on 13 Sep 2021 on Simply Wall St. via Yahoo Finance
It is hard to get excited after looking at AO World's (LON:AO.) recent performance, when its stock has declined 31% over the past month. However, stock prices are usually driven by a company’s financial performance over the long term, which in this case looks quite promising. Particularly, we will be paying attention to AO World's ROE today.
Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors’ money. Put another way, it reveals the company's success at turning shareholder investments into profits.
See our latest analysis for AO World