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To calculate this metric for VEEM, this is the formula: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.085 = AU$6.4m ÷ (AU$94m - AU ...
It is hard to get excited after looking at VEEM's (ASX:VEE) recent performance, when its stock has declined 22% over the past three months. But if you pay close attention, you might find that its ...