What is Behind Cambridge Technology Enterprises Limited’s (NSE:CTE) Superior ROE?
Cambridge Technology Enterprises Limited (NSEI:CTE) delivered an ROE of 31.38% over the past 12 months, which is an impressive feat relative to its industry average of 14.72% during the same period. But what is more interesting is whether CTE can sustain this above-average ratio. A measure of sustainable returns is CTE’s financial leverage. If CTE […]