Published on 26 Oct 2023 on Simply Wall St. via Yahoo Finance
Advanced Energy Industries (NASDAQ:AEIS) has had a rough three months with its share price down 28%. However, stock prices are usually driven by a company’s financial performance over the long term, which in this case looks quite promising. Particularly, we will be paying attention to Advanced Energy Industries' ROE today.
Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their capital is being reinvested. Simply put, it is used to assess the profitability of a company in relation to its equity capital.
View our latest analysis for Advanced Energy Industries