LYL News: The Trend Of High Returns At Lycopodium (ASX:LYL) Has Us Very Interested - 5th Feb 2022, 7:46am

zeeb0t

Administrator
Staff member
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Typically, we'll want to notice a trend of growing return on capital employed (ROCE) and alongside that, an expanding base of capital employed. Ultimately, this demonstrates that it's a business that is reinvesting profits at increasing rates of return. And in light of that, the trends we're seeing at Lycopodium's (ASX:LYL) look very promising so lets take a look.

Return On Capital Employed (ROCE):...

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