MEZ News: Returns At Meridian Energy (NZSE:MEL) Appear To Be Weighed Down - 3rd May 2022, 1:08pm

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If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an eye out for. 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. If you see this, it typically means it's a company with a great business model and plenty of profitable reinvestment opportunities. In light of that, when we looked at Meridian Energy (NZSE:...

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