AMC News: Amcor (NYSE:AMCR) Will Be Hoping To Turn Its Returns On Capital Around - 30th Nov 2023, 11:19pm

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There are a few key trends to look for if we want to identify the next multi-bagger. One common approach is to try and find a company with returns on capital employed (ROCE) that are increasing, in conjunction with a growing amount of capital employed. If you see this, it typically means it's a company with a great business model and plenty of profitable reinvestment opportunities. However, after briefly looking over the numbers, we don't think Amcor (NYSE:AMCR) has the makings of a multi-bagger...

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