The company's ROE is deemed respectable but not extraordinar...
The company's ROE is deemed respectable but not extraordinary. The significant use of debt to boost returns, leading to a lower ROE, is deemed harmful due to increased risks and reduced future options. High-quality firms manage high ROEs without significant debt.
Does Concentrix Corporation (NASDAQ:CNXC) Create Value For Shareholders?
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
Read more
Comment
Sign in to post a comment