AX1 News: Accent Group's (ASX:AX1) Returns Have Hit A Wall - 8th Nov 2023, 11:15am

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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? 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. Ultimately, this demonstrates that it's a business that is reinvesting profits at increasing rates of return. So, when we ran our eye over Accent Group's (ASX:AX1) trend of ROCE, we liked what we saw.

Understanding Return O...

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