Nanofilm Technologies International's (SGX:MZH) Returns On Capital Not Reflecting Well On The Business
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 25 2024
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Source: Yahoo Finance
Nanofilm Technologies International's ROCE Analysis: The company's return on capital employed (ROCE) has significantly decreased from 23% five years ago to just 1.2%, which is in line with the industry average, indicating a lack of efficiency in generating returns despite reinvesting profits for growth.
Stock Performance and Investor Sentiment: Due to the declining ROCE and minimal sales growth, investor confidence appears low, contributing to a substantial 79% drop in the stock price over the past three years, suggesting that Nanofilm Technologies International may not be a promising investment opportunity.
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.
