JBH News: JB Hi-Fi (ASX:JBH) Is Investing Its Capital With Increasing Efficiency - 15th Jan 2024, 10:53am

[annb0t]

What are the early trends we should look for to identify a stock that could multiply in value over the long term? Firstly, we'd want to identify a growing return on capital employed (ROCE) and then alongside that, an ever-increasing base of capital employed. This shows us that it's a compounding machine, able to continually reinvest its earnings back into the business and generate higher returns. So when we looked at the ROCE trend of JB Hi-Fi (ASX:JBH) we really liked what we saw.

Return On Ca...

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