Published on 20 May 2024 on Simply Wall St. · via Yahoo Finance
With A Return On Equity Of 12%, Has Park-Ohio Holdings Corp.'s (NASDAQ:PKOH)...
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is for those who would like to learn about Return On Equity (ROE). To keep the lesson grounded in practicality, we'll use ROE to better understand Park-Ohio Holdings Corp. (NASDAQ:PKOH).
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. Put another way, it reveals the company's success at turning shareholder investments into profits.