ALU News: Investors Shouldn't Overlook The Favourable Returns On Capital At Altium (ASX:ALU) - 23rd Nov 2023, 4:46pm

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If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect world, we'd like to see a company investing more capital into its business and ideally the returns earned from that capital are also increasing. This shows us that it's a compounding machine, able to continually reinvest its earnings back into the business and generate higher returns. That's why when we briefly looked at Altium's (ASX:ALU) ROCE trend, we were very happy with what w...

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