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There are a few key trends to look for if we want to identify the next multi-bagger. 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. If you see this, it typically means it's a company with a great business model and plenty of profitable reinvestment opportunities. Looking at Elders (ASX:ELD), it does have a high ROCE right now, but lets see how returns are trending.
What Is Return On Ca...
>>> Read more: There Are Reasons To Feel Uneasy About Elders' (ASX:ELD) Returns On Capital
What Is Return On Ca...
>>> Read more: There Are Reasons To Feel Uneasy About Elders' (ASX:ELD) Returns On Capital