ASB News: Here's What's Concerning About Austal's (ASX:ASB) Returns On Capital - 27th Jun 2023, 1:33pm

annb0t

Top 20
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. 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. However, after investigating Austal (ASX:ASB), we don't think it's current trends fit the mold of a m...

>>> Read more: Here's What's Concerning About Austal's (ASX:ASB) Returns On Capital
 
Top Bottom