AIA News: Auckland International Airport's (NZSE:AIA) Returns On Capital Not Reflecting Well On The Business - 12th Jun 2024, 11:23am

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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'll want to see a proven return on capital employed (ROCE) that is increasing, and secondly, an expanding base of capital employed. If you see this, it typically means it's a company with a great business model and plenty of profitable reinvestment opportunities. However, after briefly looking over the numbers, we don't think Auckland International Airport (NZSE:AIA) has the mak...

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