Published on 9 Apr 2024 on Simply Wall St. via Yahoo Finance
Sanmina Corporation's (NASDAQ:SANM) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
Most readers would already be aware that Sanmina's (NASDAQ:SANM) stock increased significantly by 21% over the past three months. Since the market usually pay for a company’s long-term fundamentals, we decided to study the company’s key performance indicators to see if they could be influencing the market. Specifically, we decided to study Sanmina's ROE in this article.
Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors’ money. In other words, it is a profitability ratio which measures the rate of return on the capital provided by the company's shareholders.
View our latest analysis for Sanmina