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If you're looking for a multi-bagger, there's a few things to keep an eye out for. Ideally, a business will show two trends; firstly a growing return on capital employed (ROCE) and secondly, an increasing amount of capital employed. Ultimately, this demonstrates that it's a business that is reinvesting profits at increasing rates of return. So on that note, Ampol (ASX:ALD) looks quite promising in regards to its trends of return on capital.
Understanding Return On Capital Employed (ROCE)
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>>> Read more: Ampol (ASX:ALD) Might Have The Makings Of A Multi-Bagger
Understanding Return On Capital Employed (ROCE)
Just ...
>>> Read more: Ampol (ASX:ALD) Might Have The Makings Of A Multi-Bagger
