Dewhurst in 2016 meaning, every pound invested

Dewhurst PLC has a ROCE of 22.01% in 2016 meaning, every pound invested in capital employed, the company receives 22.

01%. Dewhurst PLC’s Return on Capital Employed (ROCE) of 22.01% in 2016 was lower than in 2015 23.32% ROCE.

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This means that the company’s ROCE in 2016 as against 2015 was not doing a better business of deploying its capital. The results have been affected as a result of the 4.67% drop in operating profit. But when the company’s Return on Capital Employed (ROCE) of 22.01% in 2016 is compared to the industry average return (8%-10%), Dewhurst Plc had a greater yield and a higher ROCE indicates a more efficient use of capital employed.

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