Published on 10 Aug 2022 on Simply Wall St. via Yahoo Finance
It is hard to get excited after looking at Yancoal Australia's (ASX:YAL) recent performance, when its stock has declined 6.8% over the past three months. However, stock prices are usually driven by a company’s financials over the long term, which in this case look pretty respectable. Specifically, we decided to study Yancoal Australia's ROE in this article.
Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors’ money. In other words, it is a profitability ratio which measures the rate of return on the capital provided by the company's shareholders.
See our latest analysis for Yancoal Australia