Return on Capital Employed
Abbreviated as ROCE. A measure of the returns that a firm is realizing from its capital.
Calculated as profit before interest and tax divided by the difference between total assets and current liabilities.
The resulting ratio represents the efficiency with which capital is being utilized to generate revenue.
Keep INVESTING Simple and Safe (KISS) ****Investment Philosophy, Strategy and various Valuation Methods**** The same forces that bring risk into investing in the stock market also make possible the large gains many investors enjoy. It’s true that the fluctuations in the market make for losses as well as gains but if you have a proven strategy and stick with it over the long term you will be a winner!****Warren Buffett: Rule No. 1 - Never lose money. Rule No. 2 - Never forget Rule No. 1.
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