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Efficient capital allocation is the hallmark of a multibagger. And return on capital employed (ROCE) is a useful metric to gauge a company's efficiency.
This article was originally published on May 11, 2023.
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We explain one of the less popular metrics used for evaluating efficiency
Efficient capital allocation is the hallmark of a multibagger. And return on capital employed (ROCE) is a useful metric to gauge a company's efficiency.
This article was originally published on May 11, 2023.
3 min read•By Dhirendra Kumar
4 min read•By Kunal Bansal
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