FMG News: Why The 35% Return On Capital At Fortescue (ASX:FMG) Should Have Your Attention - 27th Jul 2024, 10:13am

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If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an eye out for. Ideally, a business will show two trends; firstly a growing return on capital employed (ROCE) and secondly, an increasing amount 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. And in light of that, the trends we're seeing at Fortescue's (ASX:FMG) look ...

>>> Read more: Why The 35% Return On Capital At Fortescue (ASX:FMG) Should Have Your Attention
 
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