Published on 22 Sep 2022 on Simply Wall St. via Yahoo Finance
It is hard to get excited after looking at Wah Fu Education Group's (NASDAQ:WAFU) recent performance, when its stock has declined 15% over the past week. It is possible that the markets have ignored the company's differing financials and decided to lean-in to the negative sentiment. Fundamentals usually dictate market outcomes so it makes sense to study the company's financials. Particularly, we will be paying attention to Wah Fu Education Group's ROE today.
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. Simply put, it is used to assess the profitability of a company in relation to its equity capital.
View our latest analysis for Wah Fu Education Group