Published on 19 Nov 2023 on Simply Wall St. via Yahoo Finance
With its stock down 2.2% over the past week, it is easy to disregard Aritzia (TSE:ATZ). But if you pay close attention, you might gather that its strong financials could mean that the stock could potentially see an increase in value in the long-term, given how markets usually reward companies with good financial health. Particularly, we will be paying attention to Aritzia's 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.
See our latest analysis for Aritzia