Griffin Mining (LON:GFM) Will Want To Turn Around Its Return Trends
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 10 2024
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Source: Yahoo Finance
- Key Trends for Finding Multi-Bagger Stocks:
- Look for companies with increasing returns on capital employed (ROCE) along with growing capital employed, indicating reinvestment of profits at higher rates.
- Griffin Mining's ROCE is 8.6%, aligning with the industry average of 8.8%.
- Despite a short-term decrease in ROCE from 16% to 8.6% over five years, Griffin Mining shows potential growth due to increased revenue and assets.
- The company's focus on reinvesting for growth has led to a 55% return to shareholders in the last five years.
- Investors are encouraged to further explore Griffin Mining despite lower short-term returns.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
