"These guys are out there to get a return on capital."

His hope is that they each produce a 22 percent return on capital.

The resulting figure is what they call the real return on capital.

There must always be the highest possible return on capital.

To show the true rate of return on capital employed.

They also want returns on capital of at least 15 percent over five years or more.

They look for companies with returns on capital that are above the industry average.

The company's return on capital averages about 20 percent a year.

The average annual return on capital employed was 7 percent.

"The investor wants to increase the overall return on capital."

The first comes from the artificially high return on capital.

"We believe the numbers shareholders care about are return on capital and growth rates," he said.

Lennar would be next, because their return on capital is 17 percent.

One analyst recently estimated that the return on capital in the industry is around 1.3 percent.

With higher returns on capital, the companies do not need to put as much new money into pension plans.

The return on capital is far below that of mainland providers.

Operating profits were estimated to give a 4.5% return on capital.

Yet there remain worries about the likely return on capital employed.

State subsidies make it hard to measure the returns on capital.

Amstrad is the only company also to appear in the return on capital bottom 10.

Though they were still doing less than half as much business as the British company, their rate of return on capital was higher.

Is that how he intends to stick by its targets for return on capital?

Only that which promises a return on capital can survive."

Mr. Small looks for companies that have high returns on capital.

The rail carriers' return on capital is already below that of most other industries.