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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? 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. This shows us that it's a compounding machine, able to continually reinvest its earnings back into the business and generate higher returns. With that in mind, the ROCE of James Hardie Industries (ASX:JHX) looks great,...
>>> Read more: James Hardie Industries (ASX:JHX) Is Achieving High Returns On Its Capital
>>> Read more: James Hardie Industries (ASX:JHX) Is Achieving High Returns On Its Capital
