Published on 9 May 2022 on Simply Wall St. via Yahoo Finance
Most readers would already know that Macfarlane Group's (LON:MACF) stock increased by 2.9% over the past week. Given that the market rewards strong financials in the long-term, we wonder if that is the case in this instance. Particularly, we will be paying attention to Macfarlane Group's ROE today.
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. In short, ROE shows the profit each dollar generates with respect to its shareholder investments.
Check out our latest analysis for Macfarlane Group