WOR News: Worley's (ASX:WOR) Returns On Capital Are Heading Higher - 14th Sep 2024, 9:34am

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If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Typically, we'll want to notice a trend of growing return on capital employed (ROCE) and alongside that, an expanding base of capital employed. Ultimately, this demonstrates that it's a business that is reinvesting profits at increasing rates of return. So when we looked at Worley (ASX:WOR) and its trend of ROCE, we really liked what we saw.

Understanding Return On Capital Employed (ROCE)

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