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To find a multi-bagger stock, what are the underlying trends we should look for in a business? 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. So when we looked at the ROCE trend of Fortescue (ASX:FMG) we really liked what we saw....
>>> Read more: Investors Shouldn't Overlook Fortescue's (ASX:FMG) Impressive Returns On Capital
>>> Read more: Investors Shouldn't Overlook Fortescue's (ASX:FMG) Impressive Returns On Capital
