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Investments glossary

Return on Average Capital Employed – ROACE Definition

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— Med Jones

The return on average capital employed (ROACE) is a financial ratio that shows profitability versus the investments a company has made in itself. This metric differs from the related return on capital employed (ROCE) calculation, in that it takes the averages of the opening and closing capital for a period of time, as opposed to only the capital figure at the end of the period.


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