How IDP Education Limited (ASX:IEL) Delivered A Better ROE Than Its Industry?
Phillip Young June 21, 2017
IDP Education Limited (ASX:IEL) delivered 57.9% ROE in the last year. However, to put IDP Education’s Return on Equity in perspective, we must compare it to the performance of its industry, which averaged an ROE of 23.15%. Although, IDP Education appears to outperform the industry, we can call it more efficient only after assessing the role of leverage in generating those returns and its sustainability based on current financial health.
https://**.st/news/2017/06/21/how-i...iel-delivered-a-better-roe-than-its-industry/
How IDP Education Limited (ASX:IEL) Delivered A Better ROE Than...
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$4.23 |
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Mkt cap ! $1.177B | |||
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