EDV News: Endeavour Group (ASX:EDV) Might Have The Makings Of A Multi-Bagger - 18th Sep 2024, 3:39pm

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If you're looking for a multi-bagger, there's a few things to keep an eye out for. 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. Put simply, these types of businesses are compounding machines, meaning they are continually reinvesting their earnings at ever-higher rates of return. So on that note, Endeavour Group (ASX:EDV) looks quite promising in regards to its trends of retu...

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