MillerKnoll's declining ROCE and sales, coupled with increas...
MillerKnoll's declining ROCE and sales, coupled with increased capital employment, are worrisome trends. These factors have contributed to a 15% drop in the company's stock over the past five years. The company's efficiency in generating ROCE may be compromised as it now funds more of its operations with its own capital.
MillerKnoll (NASDAQ:MLKN) May Have Issues Allocating Its Capital
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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