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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. Put simply, these types of businesses are compounding machines, meaning they are continually reinvesting their earnings at ever-higher rates of return. However, after investigating Fisher & Paykel Healthcare (NZSE:FPH), we don't think it's current trends ...
>>> Read more: Fisher & Paykel Healthcare (NZSE:FPH) Is Reinvesting At Lower Rates Of Return
>>> Read more: Fisher & Paykel Healthcare (NZSE:FPH) Is Reinvesting At Lower Rates Of Return
