VEA News: Investors Could Be Concerned With Viva Energy Group's (ASX:VEA) Returns On Capital - 10th Oct 2023, 7:13am

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If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an eye out 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. 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 Viva Energy Group (ASX:VEA), we don't think it's c...

>>> Read more: Investors Could Be Concerned With Viva Energy Group's (ASX:VEA) Returns On Capital
 
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