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Varex Imaging's (NASDAQ:VREX) Returns On Capital Not Reflecting Well On The Business

By Yahoo! Finance   |   Sep 9, 2024 at 07:54 AM EST
Varex Imaging's (NASDAQ:VREX) Returns On Capital Not Reflecting Well On The Business

To identify a stock with potential for long-term value multiplication, look for increasing returns on capital employed (ROCE) and growing capital employed. Varex Imaging's ROCE of 4.3% is lower than the industry average, showing limited growth potential.

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