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If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a business will show two trends; firstly a growing return on capital employed (ROCE) and secondly, an increasing amount of capital employed. Ultimately, this demonstrates that it's a business that is reinvesting profits at increasing rates of return. That's why when we briefly looked at Cochlear's (ASX:COH) ROCE trend, we were very happy with what we saw.
The end of cancer? These 15 e...
>>> Read more: Cochlear (ASX:COH) Is Reinvesting To Multiply In Value
The end of cancer? These 15 e...
>>> Read more: Cochlear (ASX:COH) Is Reinvesting To Multiply In Value
