12-10-2022, 09:04 AM
Wilmar's ROE is low, fluctuating between 8-10% in 2017-2021.
Does this represent that Wilmar is not an attractive business with strong earnings power despite its vertically-integrated business model (from farm to factory to consumer)?
Or is ROE not an adequate theory/framework to evaluate the business performance/quality of Wilmar?
Thoughts and insights please. Thank you.
Vested
Does this represent that Wilmar is not an attractive business with strong earnings power despite its vertically-integrated business model (from farm to factory to consumer)?
Or is ROE not an adequate theory/framework to evaluate the business performance/quality of Wilmar?
Thoughts and insights please. Thank you.
Vested