Nova Wellness Group Berhad (KLSE:NOVA) Could Be Struggling To Allocate Capital

By Yahoo! Finance   |   4 days ago
Nova Wellness Group Berhad (KLSE:NOVA) Could Be Struggling To Allocate Capital

When searching for potential multi-baggers, focus on companies with increasing returns on capital employed (ROCE) and growing capital. Analyzing Nova Wellness Group Berhad, its ROCE has decreased to 7.7%, indicating declining returns despite reinvestment efforts.

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