Published on 29 Apr 2024 on Simply Wall St. via Yahoo Finance
SDS Group Berhad (KLSE:SDS) has had a great run on the share market with its stock up by a significant 7.2% over the last week. Given that the market rewards strong financials in the long-term, we wonder if that is the case in this instance. Specifically, we decided to study SDS Group Berhad'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. Put another way, it reveals the company's success at turning shareholder investments into profits.