OKA Corporation Bhd (KLSE:OKA) Experiences Slowing Returns on Capital

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.