MYR News: Investors Will Want Myer Holdings' (ASX:MYR) Growth In ROCE To Persist - 6th Feb 2023, 11:30am

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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? Typically, we'll want to notice a trend of growing return on capital employed (ROCE) and alongside that, an expanding base 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 looked at Myer Holdings (ASX:MYR) and its trend of ROCE, we really liked what w...

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