Published on 20 Sep 2023 on Simply Wall St. via Yahoo Finance
With its stock down 5.0% over the past three months, it is easy to disregard Schindler Holding (VTX:SCHN). However, stock prices are usually driven by a company’s financials over the long term, which in this case look pretty respectable. In this article, we decided to focus on Schindler Holding's ROE.
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 simpler terms, it measures the profitability of a company in relation to shareholder's equity.
See our latest analysis for Schindler Holding