BLX News: Investors Could Be Concerned With Beacon Lighting Group's (ASX:BLX) Returns On Capital - 7th Jul 2022, 6:00am

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What are the early trends we should look for to identify a stock that could multiply in value over the long term? Ideally, a business will show two trends; firstly a growing return on capital employed (ROCE) and secondly, an increasing amount 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 while Beacon Lighting Group (ASX:BLX) has a high ROCE right now, lets see what we can decipher from h...

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