Published on 28 Aug 2022 on Simply Wall St. via Yahoo Finance
Most readers would already be aware that KnowBe4's (NASDAQ:KNBE) stock increased significantly by 35% over the past month. We wonder if and what role the company's financials play in that price change as a company's long-term fundamentals usually dictate market outcomes. In this article, we decided to focus on KnowBe4'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. Put another way, it reveals the company's success at turning shareholder investments into profits.
See our latest analysis for KnowBe4