Published on 20 Apr 2024 on Simply Wall St. via Yahoo Finance
Most readers would already know that Sime Darby Plantation Berhad's (KLSE:SIMEPLT) stock increased by 1.4% over the past month. Given that the market rewards strong financials in the long-term, we wonder if that is the case in this instance. In this article, we decided to focus on Sime Darby Plantation Berhad'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 short, ROE shows the profit each dollar generates with respect to its shareholder investments.