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If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect world, we'd like to see a company investing more capital into its business and ideally the returns earned from that capital are also increasing. Ultimately, this demonstrates that it's a business that is reinvesting profits at increasing rates of return. So when we looked at the ROCE trend of Lycopodium (ASX:LYL) we really liked what we saw.
What is Return On Capital Employed (ROC...
>>> Read more: Lycopodium (ASX:LYL) Is Achieving High Returns On Its Capital
What is Return On Capital Employed (ROC...
>>> Read more: Lycopodium (ASX:LYL) Is Achieving High Returns On Its Capital
