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When researching a stock for investment, what can tell us that the company is in decline? Businesses in decline often have two underlying trends, firstly, a declining return on capital employed (ROCE) and a declining base of capital employed. This combination can tell you that not only is the company investing less, it's earning less on what it does invest. So after glancing at the trends within Meridian Energy (NZSE:MEL), we weren't too hopeful.
Return On Capital Employed (ROCE): What Is It?
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>>> Read more: Meridian Energy (NZSE:MEL) Will Be Looking To Turn Around Its Returns
Return On Capital Employed (ROCE): What Is It?
...
>>> Read more: Meridian Energy (NZSE:MEL) Will Be Looking To Turn Around Its Returns
