RIO News: Rio Tinto Group (LON:RIO) Is Achieving High Returns On Its Capital - 12th Apr 2022, 10:52pm

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Did you know there are some financial metrics that can provide clues of a potential multi-bagger? 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. This shows us that it's a compounding machine, able to continually reinvest its earnings back into the business and generate higher returns. So when we looked at the ROCE trend of Rio Tinto Group (LON:RIO) we really liked wha...

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