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Simply Wall St

COSCO International (Singapore) (SGX:F83)'s ROCE of 1.4% is lower than its industry average of 2.2%

Simply Wall St
Summary
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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.