Evergy (NASDAQ:EVRG) Has More To Do To Multiply In Value Going Forward

By Yahoo! Finance | Nov 4, 2024 at 05:43 AM EST

When seeking potential multi-baggers, look for businesses showing increasing Return on Capital Employed (ROCE) and growing capital employed. Evergy's stagnant ROCE of 4.4% and unimpressive capital reinvestment suggest better investment opportunities may exist elsewhere.

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