Return on Capital Employed ROCE Meaning, Formula & Importance
Contents Dividend Paying Stocks November 2022 Return on Capital Employed (ROCE) most used Profitability Ratios: Factors Determining Working Capital There are some disadvantages as well in case of ROCE as it is mainly based on historic data and investors should not depend on this ratio alone to choose a company. Roce calculation is very easy and you have to compare this with various companies to get a proper idea about how your chosen company is generating profits. ROCE is one …