MHJ News: Returns At Michael Hill International (ASX:MHJ) Appear To Be Weighed Down - 4th Feb 2023, 9:47am

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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. Ultimately, this demonstrates that it's a business that is reinvesting profits at increasing rates of return. Although, when we looked at Michael Hill International (ASX:MHJ), it didn't seem to tick all of the...

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