REH News: The Returns On Capital At Reece (ASX:REH) Don't Inspire Confidence - 7th Sep 2023, 7:08am

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If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'd want to identify a growing return on capital employed (ROCE) and then alongside that, an ever-increasing base of capital employed. Ultimately, this demonstrates that it's a business that is reinvesting profits at increasing rates of return. Having said that, from a first glance at Reece (ASX:REH) we aren't jumping out of our chairs at how returns are trending, but let's have a dee...

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