Xerox Holdings' stock (XRX) plummeted by 5.03% on Wednesday, January 29th, during the intraday trading session. This significant drop comes as concerns mount over the company's declining financial performance and erosion of its business position.
Recent analysis suggests that Xerox Holdings has witnessed a substantial decline in its return on capital employed (ROCE) over the past five years, now standing at a mere 2.8%. This low return underperforms the industry average of 9.9%, indicating that the company is struggling to generate adequate returns on its investments. Furthermore, Xerox Holdings has reduced its capital employed by 51% over the same period, a potential sign of competitive pressures or a weakening competitive advantage.
These worrying trends in ROCE and capital employed have raised concerns among investors about the company's long-term prospects. Unless Xerox Holdings can reverse these negative trajectories, its future growth and profitability may be significantly impacted.
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