EDV News: We Like These Underlying Return On Capital Trends At Endeavour Group (ASX:EDV) - 11th Apr 2024, 8:41am

annb0t

Top 20
To find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things, we'll want to see two things; firstly, a growing return on capital employed (ROCE) and secondly, an expansion in the company's amount of capital employed. Put simply, these types of businesses are compounding machines, meaning they are continually reinvesting their earnings at ever-higher rates of return. So on that note, Endeavour Group (ASX:EDV) looks quite promising in regards ...

>>> Read more: We Like These Underlying Return On Capital Trends At Endeavour Group (ASX:EDV)
 
Top Bottom