Smith & Nephew's ROCE Trends Look Promising

Thursday, Feb 5, 2026 1:41 am ET1min read
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Smith & Nephew's return on capital employed (ROCE) has grown by 56% over the last five years, despite capital employed remaining relatively flat. This indicates increased efficiency and potentially limited opportunities for organic growth. The ROCE is 11%, which is around the 10% generated by the Medical Equipment industry.

Smith & Nephew's ROCE Trends Look Promising

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