HVN News: Harvey Norman Holdings (ASX:HVN) Has Some Way To Go To Become A Multi-Bagger - 28th Aug 2023, 9:58am

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What trends should we look for it we want to identify stocks that can multiply in value over the long term? One common approach is to try and find a company with returns on capital employed (ROCE) that are increasing, in conjunction with a growing amount of capital employed. Ultimately, this demonstrates that it's a business that is reinvesting profits at increasing rates of return. With that in mind, the ROCE of Harvey Norman Holdings (ASX:HVN) looks decent, right now, so lets see what the tren...

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