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Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key financial metrics. 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. That's why when we briefly looked at Z Energy's (NZSE:ZEL) ROCE trend, we were pretty happy with what...
>>> Read more: Investors Met With Slowing Returns on Capital At Z Energy (NZSE:ZEL)
>>> Read more: Investors Met With Slowing Returns on Capital At Z Energy (NZSE:ZEL)