The falling ROCE at Client Service International is concerning. Despite reinvestment for future growth, returns may be slow. Reduced liabilities may lower ROCE and business risk, but could also impact ROCE efficiency. The 17% stock drop over five years suggests market pessimism.

Investors may expect limited growth due to the company's lower P/S ratio and declining revenue, reducing their willingness to pay a premium. Unless conditions improve, the share price may stay low.

The company's low ROE and high debt levels pose a potential risk, particularly in volatile markets. Investors should consider if the company can maintain performance amidst changing credit conditions.