WEB News: Webjet (ASX:WEB) Is Experiencing Growth In Returns On Capital - 19th Dec 2023, 1:28pm

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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. Firstly, we'll want to see a proven return on capital employed (ROCE) that is increasing, and secondly, an expanding base of capital employed. Ultimately, this demonstrates that it's a business that is reinvesting profits at increasing rates of return. Speaking of which, we noticed some great changes in Webjet's (ASX:WEB) returns on capital, so let's have a l...

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