Trading

What We Think Of Elton International Trading Company S.A.’s (ATH:ELTON) Investment Potential – Yahoo Finance


ATH:ELTON) to determine whether it could have potential as an investment idea. To be precise, we’ll consider its Return On Capital Employed (ROCE), as that will inform our view of the quality of the business.” data-reactid=”19″>Today we’ll evaluate Elton International Trading Company S.A. (ATH:ELTON) to determine whether it could have potential as an investment idea. To be precise, we’ll consider its Return On Capital Employed (ROCE), as that will inform our view of the quality of the business.

First of all, we’ll work out how to calculate ROCE. Next, we’ll compare it to others in its industry. And finally, we’ll look at how its current liabilities are impacting its ROCE.

Understanding Return On Capital Employed (ROCE)

Source…