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If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an eye out for. Firstly, we'd want to identify a growing return on capital employed (ROCE) and then alongside that, an ever-increasing base of capital employed. Basically this means that a company has profitable initiatives that it can continue to reinvest in, which is a trait of a compounding machine. So when we looked at IDP Education (ASX:IEL), they do have a high ROCE, but we ...
>>> Read more: IDP Education (ASX:IEL) Is Reinvesting At Lower Rates Of Return
>>> Read more: IDP Education (ASX:IEL) Is Reinvesting At Lower Rates Of Return