AAC News: Australian Agricultural Projects (ASX:AAP) May Have Issues Allocating Its Capital - 5th Mar 2023, 9:01am

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What are the early trends we should look for to identify a stock that could multiply in value over the long term? Typically, we'll want to notice a trend of growing return on capital employed (ROCE) and alongside that, an expanding base of capital employed. Basically this means that a company has profitable initiatives that it can continue to reinvest in, which is a trait of a compounding machine. In light of that, when we looked at Australian Agricultural Projects (ASX:AAP) and its ROCE trend, ...

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