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If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other things, we'll want to see two things; firstly, a growing return on capital employed (ROCE) and secondly, an expansion in the company's 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. Although, when we looked at Fletcher Building (NZSE:FBU), it didn't seem to tic...
>>> Read more: Slowing Rates Of Return At Fletcher Building (NZSE:FBU) Leave Little Room For Excitement
>>> Read more: Slowing Rates Of Return At Fletcher Building (NZSE:FBU) Leave Little Room For Excitement
