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Business

Business & Economics

Returns On Capital At Nine Entertainment Holdings (ASX:NEC) Have Stalled

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Summary
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84% Informative

Nine Entertainment Holdings ( ASX : NEC ) has an ROCE of 11% .

That's a relatively normal return on capital, and it's around the 10% generated by the Media industry.

It's not uncommon to see this when looking at a mature and stable business that isn't re-investing its earnings because it has passed that phase of the business cycle.

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