QAN News: Qantas Airways (ASX:QAN) Knows How To Allocate Capital Effectively - 11th Jan 2024, 9:46am

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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. Basically this means that a company has profitable initiatives that it can continue to reinvest in, which is a trait of a compounding machine. Speaking of which, we noticed some great changes in Qantas Airways' (ASX:QAN) returns on capital, s...

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