ALL News: Slowing Rates Of Return At Aristocrat Leisure (ASX:ALL) Leave Little Room For Excitement - 19th Jul 2023, 1:10pm

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There are a few key trends to look for if we want to identify the next multi-bagger. 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. So, when we ran our eye over Aristocrat Leisure's (ASX:ALL) trend of ROCE, we liked what we saw.

Return On Capital Employed (ROCE): What Is...

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