Simply Good Foods' ROCE Continues to Climb, Investors Take Note

Simply Good Foods (NASDAQ:SMPL) has seen a 76% increase in return on capital employed (ROCE) over the last five years, despite stable capital employed. The company has achieved this growth through effective reinvestment of profits. ROCE measures pre-tax profits generated from capital employed in the business. The current ROCE is 11%, close to the Food industry average of 10%.