Is Evonik Industries AG's (ETR:EVK) Stock On A Downtrend As A Result Of Its Poor Financials?

Is Evonik Industries AG's (ETR:EVK) Stock On A Downtrend As A Result Of Its Poor Financials?

Evonik Industries' stock has dropped 15%, prompting a study of its financials. Focus is on ROE, a measure of profitability and ability to generate returns. Evonik's ROE of 2.7% is below industry average, impacting its net income decline.

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