Stock Track | Wilmar Intl Plummets 3.13% Intraday Amid Concerns Over Low Return on Capital
Stock Track
Dec 03
Wilmar International (F34.SI) saw its stock price drop by 3.13% during intraday trading on Wednesday. The decline comes as investors react to concerns about the company's financial performance.
A recent analysis highlighted Wilmar's low Return on Capital Employed (ROCE) of 7.3%, which underperforms the Food industry average of 13%. The company has also failed to improve its returns despite increasing capital employed over the past five years. Additionally, Wilmar's high ratio of current liabilities to total assets (48%) raises further concerns about its financial stability.
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