IPL News: Investors Will Want Incitec Pivot's (ASX:IPL) Growth In ROCE To Persist - 4th Nov 2023, 7:14am

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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. If you see this, it typically means it's a company with a great business model and plenty of profitable reinvestment opportunities. So on that note, Incitec Pivot (ASX:IPL) looks quite promising in regards to ...

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