CES Energy Solutions' ROCE Impressive
This is a news story, published by Yahoo Finance (Canada), that relates primarily to CES Energy Solutions news.
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current ROCESimply Wall St
•CES Energy Solutions's (TSE:CEU) ROCE is 23%, which is higher than the average for the energy services industry
75% Informative
CES Energy Solutions has returned a staggering 429% to shareholders over the last five years .
Its ROCE is a measure of a company's yearly pre-tax profit (its return) relative to the capital employed in the business.
The stock has shown it is a compounding machine, able to continually reinvest its earnings back into the business and generate higher returns.
CES has not disappointed with their growth of the company's return on capital employed (ROCE).
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