Published on 20 Jun 2024 on Simply Wall St. · via Yahoo Finance
ePlus inc.'s (NASDAQ:PLUS) Fundamentals Look Pretty Strong: Could The Market Be...
ePlus (NASDAQ:PLUS) has had a rough three months with its share price down 8.4%. However, stock prices are usually driven by a company’s financial performance over the long term, which in this case looks quite promising. In this article, we decided to focus on ePlus' ROE.
Return on equity or ROE is a key measure used to assess how efficiently a company's management is utilizing the company's capital. Put another way, it reveals the company's success at turning shareholder investments into profits.