Published on 23 Mar 2024 on Simply Wall St. via Yahoo Finance
It is hard to get excited after looking at IBEX's (NASDAQ:IBEX) recent performance, when its stock has declined 20% over the past three months. 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 IBEX's ROE today.
Return on equity or ROE is a key measure used to assess how efficiently a company's management is utilizing the company's capital. Put another way, it reveals the company's success at turning shareholder investments into profits.
View our latest analysis for IBEX