FMG News: Why We Like The Returns At Fortescue Metals Group (ASX:FMG) - 17th Jul 2023, 3:14pm

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What are the early trends we should look for to identify a stock that could multiply in value over the long term? 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. Ultimately, this demonstrates that it's a business that is reinvesting profits at increasing rates of return. And in light of that, the trends we're seeing at Fortescue Metals Group's (ASX:FMG) look very promi...

>>> Read more: Why We Like The Returns At Fortescue Metals Group (ASX:FMG)
 
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