Published on 22 Sep 2020 on Simply Wall St. via Yahoo Finance
Today we are going to look at Wesfarmers Limited (ASX:WES) to see whether it might be an attractive investment prospect. To be precise, we'll consider its Return On Capital Employed (ROCE), as that will inform our view of the quality of the business.
Firstly, we'll go over how we calculate ROCE. Next, we'll compare it to others in its industry. Then we'll determine how its current liabilities are affecting its ROCE.