Published on 4 Nov 2023 on Simply Wall St. via Yahoo Finance
Most readers would already be aware that Shenandoah Telecommunications' (NASDAQ:SHEN) stock increased significantly by 26% over the past three months. We, however wanted to have a closer look at its key financial indicators as the markets usually pay for long-term fundamentals, and in this case, they don't look very promising. Specifically, we decided to study Shenandoah Telecommunications' ROE in this article.
Return on equity or ROE is a key measure used to assess how efficiently a company's management is utilizing the company's capital. Simply put, it is used to assess the profitability of a company in relation to its equity capital.
View our latest analysis for Shenandoah Telecommunications