Published on 4 Mar 2020 on Simply Wall St. via Yahoo Finance
Today we'll look at Hera S.p.A. (BIT:HER) and reflect on its potential as an investment. Specifically, we're going to calculate its Return On Capital Employed (ROCE), in the hopes of getting some insight into the business.
Firstly, we'll go over how we calculate ROCE. Then we'll compare its ROCE to similar companies. And finally, we'll look at how its current liabilities are impacting its ROCE.