Published on 28 Sep 2020 on Simply Wall St. via Yahoo Finance
Aristocrat Leisure Limited (ASX:ALL) Earns Among The Best Returns In Its Industry
Today we are going to look at Aristocrat Leisure Limited (ASX:ALL) to see whether it might be an attractive investment prospect. In particular, we'll consider its Return On Capital Employed (ROCE), as that can give us insight into how profitably the company is able to employ capital in its business.
First, we'll go over how we calculate ROCE. Second, we'll look at its ROCE compared to similar companies. Last but not least, we'll look at what impact its current liabilities have on its ROCE.