AX1 News: Return Trends At Accent Group (ASX:AX1) Aren't Appealing - 28th May 2023, 9:30am

[annb0t]

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Ideally, a business will show two trends; firstly a growing return on capital employed (ROCE) and secondly, an increasing 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. So, when we ran our eye over Accent Group's (ASX:AX1) trend of ROCE, we liked what we saw.

Return On Capital E...

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