Published on 8 Nov 2023 on Simply Wall St. via Yahoo Finance
Has National Beverage Corp.'s (NASDAQ:FIZZ) Impressive Stock Performance Got Anything to Do With Its...
National Beverage (NASDAQ:FIZZ) has had a great run on the share market with its stock up by a significant 7.9% over the last month. We wonder if and what role the company's financials play in that price change as a company's long-term fundamentals usually dictate market outcomes. In this article, we decided to focus on National Beverage's ROE.
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. 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 National Beverage