An analysis of a ASX: MAD business model.
Great writeup Jacob. You did touch upon it, but do you know the reason for decline in ROE/ROIC in recent years? Even if you don't know the exact reason, would be interested to hear your thoughts about potential reasons for this decline.
Mader Group - A B2B Services Company in the Resource Sector
Great writeup Jacob. You did touch upon it, but do you know the reason for decline in ROE/ROIC in recent years? Even if you don't know the exact reason, would be interested to hear your thoughts about potential reasons for this decline.