Published on 2 Jun 2024 on Simply Wall St. via Yahoo Finance
Andlauer Healthcare Group Inc. (TSE:AND) Stock Has Shown Weakness Lately But Financials Look Strong:...
With its stock down 8.6% over the past month, it is easy to disregard Andlauer Healthcare Group (TSE:AND). However, stock prices are usually driven by a company’s financial performance over the long term, which in this case looks quite promising. Specifically, we decided to study Andlauer Healthcare Group's ROE in this article.
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.