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Returns On Capital Are Showing Encouraging Signs At Smith-Midland (NASDAQ:SMID)

By Yahoo! Finance   |   Oct 5, 2024 at 08:33 AM EST
Returns On Capital Are Showing Encouraging Signs At Smith-Midland (NASDAQ:SMID)

Identifying growing Return on Capital Employed (ROCE) and increasing capital employed are key indicators for potential multi-bagger stocks like Smith-Midland (NASDAQ:SMID). With a 13% ROCE and consistent reinvestment, the company's impressive performance suggests promising future growth.

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