TWE News: Return Trends At Treasury Wine Estates (ASX:TWE) Aren't Appealing - 22nd Dec 2022, 4:36pm

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What are the early trends we should look for to identify a stock that could multiply in value over the long term? Firstly, we'll want to see a proven return on capital employed (ROCE) that is increasing, and secondly, an expanding base 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. In light of that, when we looked at Treasury Wine Estates (ASX:TWE) and its ROCE trend, we weren't exactly thri...

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