JHX News: Many Would Be Envious Of James Hardie Industries' (ASX:JHX) Excellent Returns On Capital - 20th Jun 2022, 1:42pm

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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. 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. If you see this, it typically means it's a company with a great business model and plenty of profitable reinvestment opportunities. That's why when we briefly looked at James Hardie Industries' (ASX:...

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