sowhyscreener.hashnode.dev·Nov 27, 2023Return on Capital Employed (ROCE)Hey Financial Adventurers! 🚀 Today, we're delving into the exciting realm of "Return on Capital Employed" (ROCE) – a metric that unveils the efficiency and profitability of a company's capital usage. Formula: $$ {ROCE} = \left( \frac{\text{EBIT}}{\...roce
