Returns On Capital Are Showing Encouraging Signs At Watches of Switzerland Group (LON:WOSG)
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April 01, 2021 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. Ultimately, this demonstrates that it s a business that is reinvesting profits at increasing rates of return. So on that note,
Watches of Switzerland Group (LON:WOSG) looks quite promising in regards to its trends of return on capital. What is Return On Capital Employed (ROCE)?