DOW News: Downer EDI (ASX:DOW) Will Be Looking To Turn Around Its Returns - 5th Jan 2023, 1:53pm

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What underlying fundamental trends can indicate that a company might be in decline? Typically, we'll see the trend of both return on capital employed (ROCE) declining and this usually coincides with a decreasing amount of capital employed. This reveals that the company isn't compounding shareholder wealth because returns are falling and its net asset base is shrinking. And from a first read, things don't look too good at Downer EDI (ASX:DOW), so let's see why.

Understanding Return On Capital Em...

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