SGF News: SG Fleet Group (ASX:SGF) Is Reinvesting At Lower Rates Of Return - 10th May 2022, 11:34am

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Did you know there are some financial metrics that can provide clues of a potential multi-bagger? One common approach is to try and find a company with returns on capital employed (ROCE) that are increasing, in conjunction with a growing amount 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. However, after investigating SG Fleet Group (ASX:SGF), we don't think it's current trends f...

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