Published on 6 Jul 2023 on Simply Wall St. via Yahoo Finance
Declining Stock and Solid Fundamentals: Is The Market Wrong About Mondi plc (LON:MNDI)?
Mondi (LON:MNDI) has had a rough three months with its share price down 5.0%. However, stock prices are usually driven by a company’s financial performance over the long term, which in this case looks quite promising. Particularly, we will be paying attention to Mondi's ROE today.
ROE or return on equity is a useful tool to assess how effectively a company can generate returns on the investment it received from its shareholders. In other words, it is a profitability ratio which measures the rate of return on the capital provided by the company's shareholders.
View our latest analysis for Mondi