EWC News: Here's What's Concerning About Energy World's (ASX:EWC) Returns On Capital - 24th Jul 2022, 10:24am

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If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a business will show two trends; firstly a growing return on capital employed (ROCE) and secondly, an increasing amount of capital employed. Basically this means that a company has profitable initiatives that it can continue to reinvest in, which is a trait of a compounding machine. However, after briefly looking over the numbers, we don't think Energy World (ASX:EWC) has the makings o...

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