Published on 23 Feb 2024 on Simply Wall St. via Yahoo Finance
With its stock down 12% over the past month, it is easy to disregard Quarterhill (TSE:QTRH). However, stock prices are usually driven by a company’s financials over the long term, which in this case look pretty respectable. Particularly, we will be paying attention to Quarterhill's ROE today.
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.
See our latest analysis for Quarterhill