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If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'd want to identify a growing return on capital employed (ROCE) and then alongside that, an ever-increasing base 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. Although, when we looked at Chorus (NZSE:CNU), it didn't seem to tick all of these boxes.
What is R...
>>> Read more: Chorus (NZSE:CNU) Will Want To Turn Around Its Return Trends
What is R...
>>> Read more: Chorus (NZSE:CNU) Will Want To Turn Around Its Return Trends