Hi, when examining the return on capital figures for my companies of interest, I noted the use of return on capital employed (ROCE) in the profitability section of the Stock Report, but not return on invested capital (ROIC). Do you have a reason why you've chosen ROCE and not ROIC? Is ROIC something that could be included?
I'd love to hear your thoughts on this.
Regards,
Ed
I don't work for Stockopedia and couldn't go into the pros & cons of ROIC & ROCE. But what I can tell you is that ROIC is screenable on Stockopedia. So if you want to find the ROIC for any share then you can find it by creating a simple screen to do it, Eg screen looks for ROIC > -1000000 and the industry that you are interested in. Look through the screen results until you find the company that you wanted to know the ROIC for. If you want to find out more about screening, then look in the LEARN section.
