JIN News: Jumbo Interactive (ASX:JIN) Knows How To Allocate Capital - 4th Jun 2023, 10:11am

annb0t

Top 20
What are the early trends we should look for to identify a stock that could multiply in value over the long term? Amongst other things, we'll want to see two things; firstly, a growing return on capital employed (ROCE) and secondly, an expansion in the company's amount of capital employed. Put simply, these types of businesses are compounding machines, meaning they are continually reinvesting their earnings at ever-higher rates of return. So, when we ran our eye over Jumbo Interactive's (ASX:JIN...

>>> Read more: Jumbo Interactive (ASX:JIN) Knows How To Allocate Capital
 
Top Bottom