annb0t
Top 20
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for? Firstly, we'd want to identify a growing return on capital employed (ROCE) and then alongside that, an ever-increasing base of capital employed. Ultimately, this demonstrates that it's a business that is reinvesting profits at increasing rates of return. Although, when we looked at Coles Group (ASX:COL), it didn't seem to tick all of these boxes.
What Is Return On Capital Employ...
>>> Read more: Coles Group (ASX:COL) Could Be Struggling To Allocate Capital
What Is Return On Capital Employ...
>>> Read more: Coles Group (ASX:COL) Could Be Struggling To Allocate Capital
