FLT News: Flight Centre Travel Group (ASX:FLT) Will Be Hoping To Turn Its Returns On Capital Around - 8th Feb 2024, 9:05am

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Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Typically, we'll want to notice a trend of growing return on capital employed (ROCE) and alongside that, an expanding base of capital employed. This shows us that it's a compounding machine, able to continually reinvest its earnings back into the business and generate higher returns. In light of that, when we looked at Flight Centre Travel Group (ASX:FLT) and its ROCE trend, we weren't exactly thril...

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