marco molino
Dear Investors, Investors Shouldn't Overlook $TX (Ternium SA-ADR) 's Impressive Returns On Capital ❗❗ What trends should we look for it we want to identify stocks that can multiply in value over the long term? Typically, we'll want to notice a trend of growing return on capital employed (ROCE) and alongside that, an expanding base of capital employed. This shows us that it's a compounding machine, able to continually reinvest its earnings back into the business and generate higher returns. Speaking of which, we noticed some great changes in Ternium's returns on capital, so let's have a look ❗👍💲 Thus, Ternium has an ROCE of 34%. In absolute terms that's a great return and it's even better than the Metals and Mining industry average of 21%. $SPX500 $NSDQ100 $GOLD $DJ30 Cheers Marco. Source : Simply Wall St
Not investment advice. The author may have financial interests in the mentioned instruments.