Published on 9 Nov 2023 on Simply Wall St. via Yahoo Finance
Does Great-West Lifeco Inc.'s (TSE:GWO) Weak Fundamentals Mean That The Stock Could Move In The...
Great-West Lifeco's (TSE:GWO) stock up by 2.9% over the past week. Given that the markets usually pay for the long-term financial health of a company, we wonder if the current momentum in the share price will keep up, given that the company's financials don't look very promising. Specifically, we decided to study Great-West Lifeco's ROE in this article.
Return on equity or ROE is a key measure used to assess how efficiently a company's management is utilizing the company's capital. In other words, it is a profitability ratio which measures the rate of return on the capital provided by the company's shareholders.
See our latest analysis for Great-West Lifeco