Published on 25 Jan 2022 on Simply Wall St. via Yahoo Finance
With its stock down 9.2% over the past three months, it is easy to disregard ViacomCBS (NASDAQ:VIAC). 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. Particularly, we will be paying attention to ViacomCBS' ROE today.
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.
See our latest analysis for ViacomCBS