Published on 13 Apr 2024 on Simply Wall St. via Yahoo Finance
Should You Be Impressed By VEON Ltd.'s (NASDAQ:VEON) ROE?
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 VEON Ltd. (NASDAQ:VEON), by way of a worked example.
Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors’ money. In other words, it is a profitability ratio which measures the rate of return on the capital provided by the company's shareholders.