Published on 8 May 2024 on Simply Wall St. via Yahoo Finance
easyJet plc (LON:EZJ) Stock's Been Sliding But Fundamentals Look Decent: Will The Market Correct The...
With its stock down 10.0% over the past three months, it is easy to disregard easyJet (LON:EZJ). However, the company's fundamentals look pretty decent, and long-term financials are usually aligned with future market price movements. Specifically, we decided to study easyJet's ROE in this article.
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.