Viva Leisure's ROCE Surges Amid Capital Growth

Viva Leisure's (ASX:VVA) returns on capital employed have risen to 6.5% over the last five years, with a 84% increase in capital employed. While this is lower than the Hospitality industry average of 9.2%, it indicates profitable initiatives that can be reinvested at higher rates. The stock has fallen 35% over the last five years, presenting an opportunity for further investigation.