CIA News: Returns At Champion Iron (ASX:CIA) Are On The Way Up - 27th Nov 2023, 11:15am

annb0t

Top 20
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other things, we'll want to see two things; firstly, a growing return on capital employed (ROCE) and secondly, an expansion in the company's amount of capital employed. Put simply, these types of businesses are compounding machines, meaning they are continually reinvesting their earnings at ever-higher rates of return. Speaking of which, we noticed some great changes in Champion Iron's ...

>>> Read more: Returns At Champion Iron (ASX:CIA) Are On The Way Up
 
Top Bottom