Published on 27 Feb 2024 on Simply Wall St. via Yahoo Finance
With its stock down 4.5% over the past month, it is easy to disregard CPS Technologies (NASDAQ:CPSH). However, the company's fundamentals look pretty decent, and long-term financials are usually aligned with future market price movements. Particularly, we will be paying attention to CPS Technologies' 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. In simpler terms, it measures the profitability of a company in relation to shareholder's equity.
View our latest analysis for CPS Technologies