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Stock impact report

Could The Market Be Wrong About Rave Restaurant Group, Inc. (NASDAQ:RAVE) Given Its Attractive Financial Prospects? [Yahoo! Finance]

Rave Restaurant Group, Inc. (RAVE) 
US:NASDAQ Investor Relations: raverg.investorroom.com
Company Research Source: Yahoo! Finance
driven by a company's financial performance over the long term, which in this case looks quite promising. In this article, we decided to focus on Rave Restaurant Group's ROE. Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their capital is being reinvested. Simply put, it is used to assess the profitability of a company in relation to its equity capital. Check out our latest analysis for Rave Restaurant Group How To Calculate Return On Equity? The formula for return on equity is: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for Rave Restaurant Group is: 19% = US$2.2m ÷ US$12m (Based on the trailing twelve months to March 2024). The 'return' is the amount earned after tax over the last twelve months. So, this means that for every $1 of its shareholder's investments, the company generates a profit of $0.19. What Is The Rela Show less Read more
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