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To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'd want to identify a growing return on capital employed (ROCE) and then alongside that, an ever-increasing base of capital employed. Ultimately, this demonstrates that it's a business that is reinvesting profits at increasing rates of return. With that in mind, the ROCE of Grange Resources (ASX:GRR) looks great, so lets see what the trend can tell us.
Return On Capital Employed (ROCE): Wha...
>>> Read more: Returns On Capital Are A Standout For Grange Resources (ASX:GRR)
Return On Capital Employed (ROCE): Wha...
>>> Read more: Returns On Capital Are A Standout For Grange Resources (ASX:GRR)