Published on 15 Jun 2023 on Simply Wall St. via Yahoo Finance
Signify (AMS:LIGHT) has had a rough three months with its share price down 7.2%. 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 Signify'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. Simply put, it is used to assess the profitability of a company in relation to its equity capital.
View our latest analysis for Signify