sowhyscreener.hashnode.devยทNov 27, 2023Return on Capital Employed (ROCE)Hey Financial Adventurers! ๐ Today, we're delving into the exciting realm of "Return on Capital Employed" (ROCE) โ a metric that unveils the efficiency and profitability of a company's capital usage. Formula: $$ {ROCE} = \left( \frac{\text{EBIT}}{\...roceAdd a thoughtful commentNo comments yetBe the first to start the conversation.