JIN News: Why You Should Care About Jumbo Interactive's (ASX:JIN) Strong Returns On Capital - 8th Feb 2022, 6:51am

zeeb0t

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Did you know there are some financial metrics that can provide clues of a potential multi-bagger? 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) trend of ROCE,...

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