Published on 3 Mar 2022 on Simply Wall St. via Yahoo Finance
Yancoal Australia (ASX:YAL) has had a great run on the share market with its stock up by a significant 71% over the last three months. As most would know, fundamentals are what usually guide market price movements over the long-term, so we decided to look at the company's key financial indicators today to determine if they have any role to play in the recent price movement. In this article, we decided to focus on Yancoal Australia's ROE.
Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their capital is being reinvested. In simpler terms, it measures the profitability of a company in relation to shareholder's equity.
Check out our latest analysis for Yancoal Australia