Each strategy also must contain financial information, including both historical sales growth and
ROCE, and at least a five-year forecast of sales and
ROCE.
* The Report commentary suggests that ROA/
ROCE may be more reliable for a manufacturer than for a distributor because the level of operating assets may have a higher correlation to profitability.
EXHIBIT 1 Good management is rewarded Comparison of management score with return on capital employed (
ROCE), percent Poor financial Good financial Number of Management score performance performance (1) companies Lowest 1 0 100 2 2 50 50 19 3 60 40 53 4 73 27 26 Highest 5 0 0 0 100% (1) 5-year
ROCE greater than sector average.
In Canada, this trend was reflected by average gains in net income, revenues, and
ROCE for the 11 Canadian-based companies that participated in the survey.
ROCE compares total net earnings to total capital employed, omitting nothing in the financial measurement.
Return on capital employed (
ROCE) for the full year 2019 is now expected to decline considerably compared with the previous year (previous forecast:
ROCE slightly, i.e.
From 2006, ProfilGruppen said it has had the unchanged financial targets of Return on capital employed (
ROCE), 15 % over a business cycle; Operating margin (EBIT %), 6 % over a business cycle and net debt ratio in a range of 0,75-1,00.
has unveiled software driver support for ConnectX-4 Ethernet and
RoCE (RDMA over Converged Ethernet) on VMware vSphere, the industry's leading virtualization platform.
(2014), the level of intangibles has a direct relationship with profitability, by comparing the intangibles-to-total-assets ratio and other measures of profitability such as Return of Assets (ROA), Return of Capital Employed (
ROCE), and Gross Margin (GM).
First, the company's earnings before interest and taxes (EBIT) as a proportion of its net fixed assets plus net working capital; this ratio is akin to adjusted return on capital employed (
RoCE).