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Ideally, a business will show two trends; firstly a growing return on capital employed  and secondly, an increasing amount of capital employed. Ultimately, this demonstrates that it's a business that is reinvesting profits at increasing rates of return. However, after investigating Yongmao Holdings , we don't think it's current trends fit the mold of a multi-bagger.  We've discovered. For those who don't know, ROCE is a measure of a company's yearly pre-tax profit , relative to the capital employed in the business. Analysts use this formula to calculate it for Yongmao Holdings:. Return on Capital Employed = Earnings Before Interest and Tax  ÷ . Thus, Yongmao Holdings has an ROCE of 2.7%.  Ultimately, that's a low return and it under-performs the Machinery industry average of 4.4%.While Yongmao Holdings isn't earning the highest return, check out","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"yahoofinance_sg","url":"https://finance.yahoo.com/news/yongmao-holdings-sgx-bkx-might-035221290.html","rn_cache_url":null,"customStyle":"","selectors":"article, 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