CEN News: There's Been No Shortage Of Growth Recently For Contact Energy's (NZSE:CEN) Returns On Capital - 14th Mar 2024, 5:16am

[annb0t]

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'd want to identify a growing return on capital employed (ROCE) and then alongside that, an ever-increasing 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. With that in mind, we've noticed some promising trends at Contact Energy (NZSE:CEN) so let's look a bit deeper.

Return On Ca...

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