EBO News: The Returns At EBOS Group (NZSE:EBO) Aren't Growing - 28th Dec 2023, 6:17am

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To find a multi-bagger stock, what are the underlying trends we should look for in a business? One common approach is to try and find a company with returns on capital employed (ROCE) that are increasing, in conjunction with a growing amount 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. That's why when we briefly looked at EBOS Group's (NZSE:EBO) ROCE trend, we were pretty happy ...

>>> Read more: The Returns At EBOS Group (NZSE:EBO) Aren't Growing
 
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