If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for? 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 Oceanus Group (SGX:579) and its trend of ROCE, we really liked what we saw.
We Like These Underlying Return On Capital Trends At Oceanus Group (SGX:579)
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