Tag Archive : Financials

/ Financials

Have Financials A Role To Play?

October 3, 2020 | software | No Comments

Check Point Software Technologies’ (NASDAQ:CHKP) stock is up by 9.4% over the past three months. As most would know, long-term fundamentals have a strong correlation with market price movements, so we decided to look at the company’s key financial indicators today to determine if they have any role to play in the recent price movement. Particularly, we will be paying attention to Check Point Software Technologies’ ROE today.

Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors’ money. In short, ROE shows the profit each dollar generates with respect to its shareholder investments.

View our latest analysis for Check Point Software Technologies

How Is ROE Calculated?

The formula for ROE is:

Return on Equity = Net Profit (from continuing operations) Ă· Shareholders’ Equity

So, based on the above formula, the ROE for Check Point Software Technologies is:

25% =

Read More