BAP News: Bapcor (ASX:BAP) Might Have The Makings Of A Multi-Bagger - 25th Oct 2022, 8:03am

[annb0t]

What are the early trends we should look for to identify a stock that could multiply in value over the long term? Ideally, a business will show two trends; firstly a growing return on capital employed (ROCE) and secondly, an increasing amount 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 looked at Bapcor (ASX:BAP) and its trend of ROCE, we really liked what we saw.

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