ELD News: Elders (ASX:ELD) Might Become A Compounding Machine - 24th Feb 2023, 9:14am

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To find a multi-bagger stock, what are the underlying trends we should look for in a business? In a perfect world, we'd like to see a company investing more capital into its business and ideally the returns earned from that capital are also increasing. 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 Elders' (ASX:ELD) ROCE trend, we were very happy with what we saw.

What Is Return On Capital Employ...

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