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Stock impact report

Is GFL Environmental Inc.'s (TSE:GFL) Stock Price Struggling As A Result Of Its Mixed Financials? [Yahoo! Finance]

GFL Environmental Inc. Subordinate voting shares, no par value (GFL) 
Company Research Source: Yahoo! Finance
completely ignored the positive aspects of the company's fundamentals and decided to weigh-in more on the negative aspects. Fundamentals usually dictate market outcomes so it makes sense to study the company's financials. Particularly, we will be paying attention to GFL Environmental's ROE today. Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors' money. Simply put, it is used to assess the profitability of a company in relation to its equity capital. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. How Do You Calculate Return On Equity? ROE can be calculated by using the formula: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for GFL Environmental is: 0.6% = CA$50m ÷ CA$7.9b (Based Show less Read more
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