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Published on 29 Nov 2021 on Simply Wall St. via Yahoo Finance

Declining Stock and Decent Financials: Is The Market Wrong About Workday, Inc. (NASDAQ:WDAY)?


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With its stock down 4.3% over the past month, it is easy to disregard Workday (NASDAQ:WDAY). 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 Workday's ROE.

Return on equity or ROE is a key measure used to assess how efficiently a company's management is utilizing the company's capital. In short, ROE shows the profit each dollar generates with respect to its shareholder investments.

See our latest analysis for Workday

NASDAQ.WDAY price evolution

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