Here's What's Concerning About Energy Recovery's (NASDAQ:ERII) Returns On Capital

By Yahoo! Finance   |   1 year ago
Here's What's Concerning About Energy Recovery's (NASDAQ:ERII) Returns On Capital

To find potential multi-bagger stocks, look for companies with a growing Return on Capital Employed (ROCE) and expanding capital base. Despite Energy Recovery's low ROCE of 6.0%, its growth in sales and reinvestment in operations may lead to long-term benefits.

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