COSCO International's ROCE Decline
This is a Singapore news story, published by Yahoo Finance (Canada), that relates primarily to F83 news.
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capital employedSimply Wall St
•COSCO International (Singapore) (SGX:F83)'s ROCE of 1.4% is lower than its industry average of 2.2%
81% Informative
COSCO SHIPPING International ( Singapore ) (SGX: F83 ) has a low return on capital employed (ROCE) and a declining base of capital employed.
Trend of ROCE doesn't inspire confidence in the stock, since the stock has declined 54% from where it was five years ago .
If these trends continue, we wouldn't expect the company to turn into a multi-bagger.
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