JBH News: Investors Should Be Encouraged By JB Hi-Fi's (ASX:JBH) Returns On Capital - 3rd Jul 2024, 6:17am

[annb0t]

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'll want to see a proven return on capital employed (ROCE) that is increasing, and secondly, an expanding base 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 JB Hi-Fi's (ASX:JBH) look very promising so lets take a look.

Return On Capital Employed (ROCE...

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