The Secret Behind Hovnanian Enterprises’ Financial Surge: A Look at ROCE
Return on Capital Employed (ROCE) is a critical metric for assessing how efficiently a company generates profit from its capital investments. Hovnanian Enterprises showcases strategic growth with a ROCE of 13%, reflecting a robust capital efficiency akin to industry standards. The company has seen a 37% increase in capital employed, positioning it as a “compounding … Read more