Published on 17 Nov 2019 on Simply Wall St. via Yahoo Finance
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it is important. By way of learning-by-doing, we'll look at ROE to gain a better understanding of SIG Combibloc Group AG (VTX:SIGN).
SIG Combibloc Group has a ROE of 5.4%, based on the last twelve months. That means that for every CHF1 worth of shareholders' equity, it generated CHF0.05 in profit.