To find a multi-bagger stock, what are the underlying trends we should look for in a business? Ideally, a business will show two trends; firstly a growing return on capital employed (ROCE) and secondly, an increasing amount 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. So on that note, EROAD (NZSE:ERD) looks quite promising in regards to its trends of return on capital.
Return On ...
>>> Read more: Returns Are Gaining Momentum At EROAD (NZSE:ERD)
Return On ...
>>> Read more: Returns Are Gaining Momentum At EROAD (NZSE:ERD)
