TRA News: Here's What To Make Of Turners Automotive Group's (NZSE:TRA) Decelerating Rates Of Return - 6th Feb 2023, 8:30am

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Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key financial metrics. Firstly, we'd want to identify a growing return on capital employed (ROCE) and then alongside that, an ever-increasing base of capital employed. Ultimately, this demonstrates that it's a business that is reinvesting profits at increasing rates of return. Although, when we looked at Turners Automotive Group (NZSE:TRA), it didn't seem to tick all of these boxes...

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