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To find a multi-bagger stock, what are the underlying trends we should look for in a business? One common approach is to try and find a company with returns on capital employed (ROCE) that are increasing, in conjunction with a growing amount of capital employed. Ultimately, this demonstrates that it's a business that is reinvesting profits at increasing rates of return. However, after investigating Blackmores (ASX:BKL), we don't think it's current trends fit the mold of a multi-bagger.
Return O...
>>> Read more: Returns On Capital Signal Tricky Times Ahead For Blackmores (ASX:BKL)
Return O...
>>> Read more: Returns On Capital Signal Tricky Times Ahead For Blackmores (ASX:BKL)
