TLS News: Investors Will Want Telstra Group's (ASX:TLS) Growth In ROCE To Persist - 11th Oct 2024, 9:17am

[annb0t]

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. So on that note, Telstra Group (ASX:TLS) looks quite promising in regards to its trends of return on capital.

Return On Capital Empl...

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