Interesting article - Yahoo Finance - SIMPLY WALL ST
To find a multi-bagger stock, what are the underlying trends we should look for in a business? One common approach is to try and find a company with returns on capital employed (ROCE) that are increasing, in conjunction with a growing amount of capital employed. If you see this, it typically means it's a company with a great business model and plenty of profitable reinvestment opportunities. So when we looked at the ROCE trend of Brookside Energy (ASX:BRK) we really liked what we saw.
We Like Brookside Energy's (ASX:BRK) Returns And Here's How They're TrendingWhat Is Return On Capital Employed (ROCE)?
Just to clarify if you're unsure, ROCE is a metric for evaluating how much pre-tax income (in percentage terms) a company earns on the capital invested in its business. To calculate this metric for Brookside Energy, this is the formula:
Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities)
0.20 = AU$15m ÷ (AU$90m - AU$13m)
(Based on the trailing twelve months to June 2023).What is the next 12 months going to look like???? $$$So, Brookside Energy has an ROCE of 20%. That's a fantastic return and not only that, it outpaces the average of 9.9% earned by companies in a similar industry.
IMHO
DYOR
https://finance.yahoo.com/news/brookside-energys-asx-brk-returns-233525134.html?.tsrc=rss&guccounter=1&guce_referrer=aHR0cHM6Ly9hc3guc3dpbmd0cmFkZWJvdC5jb20v&guce_referrer_sig=AQAAAB_luGorLtj_S6AetBaJY5lY4lZYY5jFodVkD0cbhS-AeY5jWOfXi9TE7ovxl2cyLKvcrD_0iYId-htMHNDzDOF9uQnsQ9lHznOoKOEtlSnh7NiEeARaC8Aez-UrIBqhbj11E0MfVPDy2j7fMjG-gKBSxniJhSVxehBvLA7KEPvj
- Forums
- ASX - By Stock
- BRK
- Ann: Flames-Maroons Development Multi-Well Drilling Update
Ann: Flames-Maroons Development Multi-Well Drilling Update, page-57
-
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BRK (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $57.27M |
Open | High | Low | Value | Volume |
1.2¢ | 1.2¢ | 1.2¢ | $27.81K | 2.327M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
53 | 43879060 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 4472333 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
52 | 42969970 | 0.011 |
16 | 7791919 | 0.010 |
11 | 5890014 | 0.009 |
1 | 120000 | 0.008 |
2 | 271714 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 4472333 | 2 |
0.013 | 19474630 | 25 |
0.014 | 26004638 | 20 |
0.015 | 9668433 | 19 |
0.016 | 2269455 | 11 |
Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
Featured News
BRK (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online