Hour Glass (SGX:AGS) Sees Increased Returns on Capital
Investment Potential of Hour Glass: Hour Glass (SGX:AGS) shows promising trends with a return on capital employed (ROCE) of 17%, which is above the industry average of 14%, indicating effective reinvestment of profits.
Historical Performance: Over the past five years, Hour Glass has significantly increased its ROCE and capital employed by 55%, suggesting strong internal investment opportunities and potential for multi-bagger status.
Stock Performance: The stock has delivered a remarkable 232% return to shareholders in the last five years, reflecting investor confidence in the company's growth and fundamentals.
Risks and Recommendations: Despite its strong performance, Hour Glass has some risks, and investors are advised to conduct further due diligence, especially as there are companies with higher returns on equity available.
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