MTS News: Here's What To Make Of Metcash's (ASX:MTS) Decelerating Rates Of Return - 26th Jan 2024, 10:47am

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Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Amongst other things, we'll want to see two things; firstly, a growing return on capital employed (ROCE) and secondly, an expansion in the company's 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. So, when we ran our eye over Metcash's (ASX:MTS) trend of ROCE, we liked what we saw.

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