If you haven't worked with ROCE before, it measures the 'return' (pre-tax profit) a company generates from capital employed in its business. The formula for this calculation on Alamos Gold is ...

So, Starbucks has an ROCE of 22%. In absolute terms that's a great return and it's even better than the Hospitality industry ...

The formula for this calculation on Exco Technologies is: Return on Capital Employed = Earnings Before ... which potentially indicates that investors are accounting for this going forward.

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look ...