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Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'll want to see a proven return on capital employed (ROCE) that is increasing, and secondly, an expanding base of capital employed. If you see this, it typically means it's a company with a great business model and plenty of profitable reinvestment opportunities. With that in mind, we've noticed some promising trends at EROAD (NZSE:ERD) so let's look a bit deeper.
Understanding Return On...
>>> Read more: Returns Are Gaining Momentum At EROAD (NZSE:ERD)
Understanding Return On...
>>> Read more: Returns Are Gaining Momentum At EROAD (NZSE:ERD)
