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Did you know there are some financial metrics that can provide clues of a potential multi-bagger? 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. This shows us that it's a compounding machine, able to continually reinvest its earnings back into the business and generate higher returns. Although, when we looked at Beach Energy (ASX:BPT), it didn't seem to tick all of these boxes...
>>> Read more: Some Investors May Be Worried About Beach Energy's (ASX:BPT) Returns On Capital
>>> Read more: Some Investors May Be Worried About Beach Energy's (ASX:BPT) Returns On Capital
