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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)
For...
>>> Read more: Worley's (ASX:WOR) Returns On Capital Are Heading Higher
Understanding Return On Capital Employed (ROCE)
For...
>>> Read more: Worley's (ASX:WOR) Returns On Capital Are Heading Higher