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0 0.0238429172510519 0.0238429172510519 0.017952314165498 0.00521739130434786 0.00521739130434786 0.0141374474053297 0.0210378681626928
Stock impact report

Returns On Capital Are Showing Encouraging Signs At Fabrinet (NYSE:FN) [Yahoo! Finance]

Fabrinet Ordinary Shares (FN) 
Last fabrinet ordinary shares earnings: 2/3 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investor.fabrinet.com/investor-relations
Company Research Source: Yahoo! Finance
Firstly, we'll want to see a proven return on capital employed (ROCE) that is increasing, and secondly, an expanding base of capital employed. Basically this means that a company has profitable initiatives that it can continue to reinvest in, which is a trait of a compounding machine. With that in mind, we've noticed some promising trends at Fabrinet NYSE:FN ) so let's look a bit deeper. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. What Is Return On Capital Employed (ROCE)? For those that aren't sure what ROCE is, it measures the amount of pre-tax profits a company can generate from the capital employed in its business. To calculate this metric for Fabrinet, this is the formula: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.16 = US$326m ÷ (US$2.8b - Show less Read more
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