ALD News: Returns On Capital At Ampol (ASX:ALD) Paint A Concerning Picture - 30th Jan 2024, 8:34am

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Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key financial metrics. One common approach is to try and find a company with returns on capital employed (ROCE) that are increasing, in conjunction with a growing amount of capital employed. This shows us that it's a compounding machine, able to continually reinvest its earnings back into the business and generate higher returns. In light of that, when we looked at Ampol (ASX:ALD) ...

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