OKA Corporation Bhd (KLSE:OKA) Experiences Slowing Returns on Capital
AI Summary1 min read
TL;DR
OKA Corporation's ROCE has stagnated at 5.9%, below the industry average of 8.1%, reflecting a mature business with limited reinvestment. The stock has fallen 15% in five years, signaling low investor optimism for improvement.
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OKA CorporationROCEBasic Materialsstock performancecapital employed
OKA Corporation Bhd's (KLSE:OKA) ROCE has been mostly flat over the past five years, with a current ROCE of 5.9%, which underperforms the Basic Materials industry average of 8.1%. The company's return on capital employed and capital employed have remained mostly flat, indicating a mature and stable business that is not re-investing its earnings. The stock has declined 15% over the last five years, and investors may not be optimistic about the trend improving.
