Published on 18 Oct 2023 on Simply Wall St. via Yahoo Finance
Koninklijke Ahold Delhaize N.V.'s (AMS:AD) Fundamentals Look Pretty Strong: Could The Market Be...
It is hard to get excited after looking at Koninklijke Ahold Delhaize's (AMS:AD) recent performance, when its stock has declined 9.6% over the past three months. However, a closer look at its sound financials might cause you to think again. Given that fundamentals usually drive long-term market outcomes, the company is worth looking at. In this article, we decided to focus on Koninklijke Ahold Delhaize's ROE.
ROE or return on equity is a useful tool to assess how effectively a company can generate returns on the investment it received from its shareholders. Simply put, it is used to assess the profitability of a company in relation to its equity capital.
View our latest analysis for Koninklijke Ahold Delhaize