TNE News: Technology One (ASX:TNE) Is Investing Its Capital With Increasing Efficiency - 29th Feb 2024, 8:37am

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If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for? Firstly, we'd want to identify a growing return on capital employed (ROCE) and then alongside that, an ever-increasing base of capital employed. If you see this, it typically means it's a company with a great business model and plenty of profitable reinvestment opportunities. Speaking of which, we noticed some great changes in Technology One's (ASX:TNE) returns on capital, so let...

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