ASX:CIAMetals and Mining
Assessing Champion Iron (ASX:CIA) Valuation After Falling Returns On Capital Despite Heavier Investment
Recent analysis showing Champion Iron (ASX:CIA) ROCE sliding from around 47% to roughly 9% in five years has investors rethinking how effectively its heavier spending is translating into future profitability.
See our latest analysis for Champion Iron.
Despite those softer returns on capital, the market has been more upbeat lately. The 3 month share price return of 38.7% has pushed Champion Iron to A$6.24 and backed up a solid 1 year total shareholder return of 10.9%.
If this shift in...