Published on 29 May 2023 on Simply Wall St. via Yahoo Finance
With A 12% Return On Equity, Is Keyera Corp. (TSE:KEY) A Quality Stock?
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is for those who would like to learn about Return On Equity (ROE). We'll use ROE to examine Keyera Corp. (TSE:KEY), by way of a worked example.
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.
See our latest analysis for Keyera