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If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'll want to see a proven return on capital employed (ROCE) that is increasing, and secondly, an expanding base of capital employed. If you see this, it typically means it's a company with a great business model and plenty of profitable reinvestment opportunities. However, after investigating InvoCare (ASX:IVC), we don't think it's current trends fit the mold of a multi-bagger.
What is Return On Capital...
>>> Read more: Returns On Capital At InvoCare (ASX:IVC) Paint A Concerning Picture
What is Return On Capital...
>>> Read more: Returns On Capital At InvoCare (ASX:IVC) Paint A Concerning Picture
