Does Worley Limited’s (ASX:WOR) Weak Fundamentals Mean That The Market Could Correct Its Share Price?
Worley’s (ASX:WOR) stock is up by a considerable 16% over the past three months. However, we decided to pay close attention to its weak financials as we are doubtful that the current momentum will keep up, given the scenario. Particularly, we will be paying attention to Worley’s ROE today.
Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors’ money. Put another way, it reveals the company’s success at turning shareholder investments into profits.
