Is Kencana Agri Limited's (SGX
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...
To keep the lesson grounded in practicality, we'll use ROE to better understand Kencana Agri Limited (SGX:BNE).See our latest analysis for Kencana Agri How Is ROE Calculated?Return on equity can be calculated by using the formula: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for Kencana Agri is: 8.Does Kencana Agri Have A Good ROE?
If you look at the image below, you can see Kencana Agri has a similar ROE to the average in the Food industry classification (9.You can see the 4 risks we have identified for Kencana Agri by visiting our risks dashboard for free on our platform here.
Read full story at yahoo.com