Published on 19 Jun 2024 on Simply Wall St. · via Yahoo Finance
MTY Food Group Inc.'s (TSE:MTY) Fundamentals Look Pretty Strong: Could The...
MTY Food Group (TSE:MTY) has had a rough three months with its share price down 14%. However, a closer look at its sound financials might cause you to think again. Given that fundamentals usually drive long-term market outcomes, the company is worth looking at. Specifically, we decided to study MTY Food Group's ROE in this article.
Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their capital is being reinvested. Simply put, it is used to assess the profitability of a company in relation to its equity capital.