Returns At Santova (JSE:SNV) Appear To Be Weighed Down

Returns At Santova (JSE:SNV) Appear To Be Weighed Down

To identify stocks that may multiply in value over the long term, look for a trend of growing Return on Capital Employed (ROCE) and an expanding base of capital employed. Santova (JSE:SNV) shows a decent ROCE of 18%, exceeding the industry average.

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