Investors Shouldn't Overlook Mainfreight's (NZSE:MFT) Impressive Returns On Capital
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 12 2024
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Source: Yahoo Finance
Mainfreight's Financial Metrics: Mainfreight has a strong Return on Capital Employed (ROCE) of 27%, significantly higher than the industry average of 11%, indicating effective capital utilization and profitable reinvestment strategies.
Growth Trends and Investor Recognition: Over the past five years, Mainfreight's ROCE has improved alongside a 170% increase in capital employed, leading to a remarkable 104% return for shareholders, reflecting positive investor sentiment towards the company's growth potential.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
