Published on 12 Oct 2023 on Simply Wall St. via Yahoo Finance
It is hard to get excited after looking at Boston Pizza Royalties Income Fund's (TSE:BPF.UN) recent performance, when its stock has declined 7.7% over the past three months. But if you pay close attention, you might gather that its strong financials could mean that the stock could potentially see an increase in value in the long-term, given how markets usually reward companies with good financial health. Specifically, we decided to study Boston Pizza Royalties Income Fund's ROE in this article.
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. Simply put, it is used to assess the profitability of a company in relation to its equity capital.
See our latest analysis for Boston Pizza Royalties Income Fund