ING News: Inghams Group (ASX:ING) Could Be Struggling To Allocate Capital - 27th Oct 2022, 10:46am

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There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'll want to see a proven return on capital employed (ROCE) that is increasing, and secondly, an expanding base 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. However, after briefly looking over the numbers, we don't think Inghams Group (ASX:ING) has the makings of a multi-bagger going for...

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