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If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'll want to see a proven return on capital employed (ROCE) that is increasing, and secondly, an expanding base of capital employed. Basically this means that a company has profitable initiatives that it can continue to reinvest in, which is a trait of a compounding machine. So, when we ran our eye over Autosports Group's (ASX:ASG) trend of ROCE, we liked what we saw.
Return On Capital Employed (ROCE): ...
>>> Read more: Here's What To Make Of Autosports Group's (ASX:ASG) Decelerating Rates Of Return
Return On Capital Employed (ROCE): ...
>>> Read more: Here's What To Make Of Autosports Group's (ASX:ASG) Decelerating Rates Of Return
