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If you're looking for a multi-bagger, there's a few things to keep an eye out for. Typically, we'll want to notice a trend of growing return on capital employed (ROCE) and alongside that, 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. Speaking of which, we noticed some great changes in Champion Iron's (ASX:CIA) returns on capital, so let's have a look.
What Is R...
>>> Read more: Champion Iron's (ASX:CIA) Returns On Capital Are Heading Higher
What Is R...
>>> Read more: Champion Iron's (ASX:CIA) Returns On Capital Are Heading Higher
