CPU News: Computershare (ASX:CPU) Has Some Way To Go To Become A Multi-Bagger - 8th Jan 2024, 10:02am

[annb0t]

There are a few key trends to look for if we want to identify the next multi-bagger. 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. That's why when we briefly looked at Computershare's (ASX:CPU) ROCE trend, we were pretty happy with what we saw.

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