Published on 24 May 2024 on Simply Wall St. via Yahoo Finance
Mondi plc (LON:MNDI) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear...
Mondi's (LON:MNDI) stock is up by a considerable 12% over the past three months. However, we wonder if the company's inconsistent financials would have any adverse impact on the current share price momentum. Specifically, we decided to study Mondi's ROE in this article.
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.