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What trends should we look for it we want to identify stocks that can multiply in value over the long term? Ideally, a business will show two trends; firstly a growing return on capital employed (ROCE) and secondly, an increasing amount of capital employed. Ultimately, this demonstrates that it's a business that is reinvesting profits at increasing rates of return. So, when we ran our eye over WiseTech Global's (ASX:WTC) trend of ROCE, we liked what we saw.
Return On Capital Employed (ROCE): Wh...
>>> Read more: WiseTech Global (ASX:WTC) Has More To Do To Multiply In Value Going Forward
Return On Capital Employed (ROCE): Wh...
>>> Read more: WiseTech Global (ASX:WTC) Has More To Do To Multiply In Value Going Forward