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Taitron Components (NASDAQ:TAIT) May Have Issues Allocating Its Capital

By Yahoo! Finance   |   Jun 22, 2024 at 08:49 AM EST
Taitron Components (NASDAQ:TAIT) May Have Issues Allocating Its Capital

To identify a multi-bagger stock, look for growing Return on Capital Employed (ROCE) and increasing capital employed. For example, Taitron Components (NASDAQ:TAIT) has a low ROCE of 3.3%, falling from 12% in the last five years.

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