HVN News: Some Investors May Be Worried About Harvey Norman Holdings' (ASX:HVN) Returns On Capital - 22nd Aug 2024, 10:10am

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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. Firstly, we'll want to see a proven return on capital employed (ROCE) that is increasing, and secondly, an expanding base 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. Having said that, from a first glance at Harvey Norman Holdings (ASX:HVN) we aren...

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