Published on 4 May 2024 on Simply Wall St. via Yahoo Finance
Marshalls plc's (LON:MSLH) Stock's Been Going Strong: Could Weak Financials Mean The Market Will...
Marshalls (LON:MSLH) has had a great run on the share market with its stock up by a significant 7.0% over the last week. We, however wanted to have a closer look at its key financial indicators as the markets usually pay for long-term fundamentals, and in this case, they don't look very promising. Particularly, we will be paying attention to Marshalls' ROE today.
Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors’ money. Simply put, it is used to assess the profitability of a company in relation to its equity capital.