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National Presto Industries' (NYSE:NPK) Returns On Capital Not Reflecting Well On The Business

By Yahoo! Finance   |   Jul 7, 2024 at 09:07 AM EST
National Presto Industries' (NYSE:NPK) Returns On Capital Not Reflecting Well On The Business

When a company's Return on Capital Employed (ROCE) declines along with a reduced capital base, it indicates a mature business beyond its growth phase.

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