Published on 4 Mar 2024 on Simply Wall St. via Yahoo Finance
Are Strong Financial Prospects The Force That Is Driving The Momentum In Fairfax Financial Holdings...
Fairfax Financial Holdings (TSE:FFH) has had a great run on the share market with its stock up by a significant 20% over the last three months. Given the company's impressive performance, we decided to study its financial indicators more closely as a company's financial health over the long-term usually dictates market outcomes. Particularly, we will be paying attention to Fairfax Financial Holdings' ROE today.
Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors’ money. In simpler terms, it measures the profitability of a company in relation to shareholder's equity.
Check out our latest analysis for Fairfax Financial Holdings