VEA News: Viva Energy Group (ASX:VEA) Is Looking To Continue Growing Its Returns On Capital - 15th Apr 2023, 9:08am

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To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'll want to see a proven return on capital employed (ROCE) that is increasing, and secondly, an expanding 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. So when we looked at Viva Energy Group (ASX:VEA) and its trend of ROCE, we really liked what we saw.

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