ELD News: Elders' (ASX:ELD) Returns On Capital Not Reflecting Well On The Business - 30th Mar 2022, 4:30pm

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To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'd want to identify a growing return on capital employed (ROCE) and then alongside that, an ever-increasing base of capital employed. This shows us that it's a compounding machine, able to continually reinvest its earnings back into the business and generate higher returns. Having said that, from a first glance at Elders (ASX:ELD) we aren't jumping out of our chairs at how returns are trendi...

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