Published on 31 Jan 2024 on Simply Wall St. via Yahoo Finance
Beazley (LON:BEZ) has had a rough month with its share price down 5.1%. However, the company's fundamentals look pretty decent, and long-term financials are usually aligned with future market price movements. In this article, we decided to focus on Beazley'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.