FMCG SECTOR
A higher adjusted ROCE indicates that a company is able to churn out more profits from the same amount of capital it employs as compared to others. The ratio also happens to be a useful efficiency measure, that is, it helps investors to analyse how efficiently a company is able to utilise its capital to generate profits. While deliberating on the B&E Power 100, we calculated the adjusted ROCE for the past three years and took the average figure. If one goes by this parameter, Godrej Consumer Products Ltd. (GCPL) from the FMCG sector has left all others behind, topping the charts with an average adjusted ROCE of 1.36 for past three years.
For Complete IIPM - Article, Click on IIPM-Editorial Link
Source:- IIPM-Business and Economy, Initiative:- Prof. Arindam Chaudhuri - 2006
Rashmi Bansal Publisher Of JAMMAG Magazine Caught Red-Handed, for details click on the following links:-
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