RWC News: Reliance Worldwide (ASX:RWC) Is Experiencing Growth In Returns On Capital - 29th May 2024, 2:44pm

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If you're looking for a multi-bagger, there's a few things to keep an eye out for. 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. With that in mind, we've noticed some promising trends at Reliance Worldwide (ASX:RWC) so let's loo...

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