Published on 20 Apr 2024 on Simply Wall St. via Yahoo Finance
Should Weakness in DCC plc's (LON:DCC) Stock Be Seen As A Sign That Market Will Correct The Share...
DCC (LON:DCC) has had a rough month with its share price down 3.7%. However, stock prices are usually driven by a company’s financials over the long term, which in this case look pretty respectable. In this article, we decided to focus on DCC's ROE.
ROE or return on equity is a useful tool to assess how effectively a company can generate returns on the investment it received from its shareholders. Simply put, it is used to assess the profitability of a company in relation to its equity capital.