JHX News: Returns on Capital Paint A Bright Future For James Hardie Industries (ASX:JHX) - 20th Mar 2025, 12:28pm

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Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key financial metrics. 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. With that in mind, the ROCE of James Hardie Industries (ASX:JHX) looks great, so lets see what the trend can...

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