annb0t
Top 20
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Typically, we'll want to notice a trend of growing return on capital employed (ROCE) and alongside that, an expanding base 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. Speaking of which, we noticed some great changes in Incitec Pivot's (ASX:IPL) returns on capital, so ...
>>> Read more: Investors Will Want Incitec Pivot's (ASX:IPL) Growth In ROCE To Persist
>>> Read more: Investors Will Want Incitec Pivot's (ASX:IPL) Growth In ROCE To Persist
