SNL News: A Look Into Supply Network's (ASX:SNL) Impressive Returns On Capital - 19th May 2022, 7:44am

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If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'll want to see a proven return on capital employed (ROCE) that is increasing, and secondly, an expanding base 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. Ergo, when we looked at the ROCE trends at Supply Network (ASX:SNL), we liked what we saw.

Return On Capital Employed (ROCE): What i...

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