Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Typically, we'll want to notice a trend of growing return on capital employed (ROCE) and alongside that, an expanding base of capital employed. Ultimately, this demonstrates that it's a business that is reinvesting profits at increasing rates of return. And in light of that, the trends we're seeing at Lycopodium's (ASX:LYL) look very promising so lets take a look.
Return On Capital Employed (ROCE):...
>>> Read more: The Trend Of High Returns At Lycopodium (ASX:LYL) Has Us Very Interested
Return On Capital Employed (ROCE):...
>>> Read more: The Trend Of High Returns At Lycopodium (ASX:LYL) Has Us Very Interested