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What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly, we'd want to identify a growing return on capital employed (ROCE) and then alongside that, an ever-increasing base of capital employed. Ultimately, this demonstrates that it's a business that is reinvesting profits at increasing rates of return. Although, when we looked at a2 Milk (NZSE:ATM), it didn't seem to tick all of these boxes.
Return On Capital Employed (ROCE): What Is It...
>>> Read more: Some Investors May Be Worried About a2 Milk's (NZSE:ATM) Returns On Capital
Return On Capital Employed (ROCE): What Is It...
>>> Read more: Some Investors May Be Worried About a2 Milk's (NZSE:ATM) Returns On Capital
