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If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other things, we'll want to see two things; firstly, a growing return on capital employed (ROCE) and secondly, an expansion in the company's amount 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. Ergo, when we looked at the ROCE trends at Lovisa Holdings (ASX:LOV), we like...
>>> Read more: Shareholders Are Optimistic That Lovisa Holdings (ASX:LOV) Will Multiply In Value
>>> Read more: Shareholders Are Optimistic That Lovisa Holdings (ASX:LOV) Will Multiply In Value
