ROCE includes both debt and equity, offering a comprehensive investment metric. ROCE is calculated as EBIT divided by (Total Assets - Current Liabilities). Comparing ROCE with industry peers helps ...

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key financial metrics. One common approach is to try and find a company with returns ...

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'd want to identify a growing return on capital employed (ROCE) and then alongside ...