annb0t
Top 20
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. Firstly, we'll want to see a proven return on capital employed (ROCE) that is increasing, and secondly, an expanding base of capital employed. This shows us that it's a compounding machine, able to continually reinvest its earnings back into the business and generate higher returns. So when we looked at Meridian Energy (NZSE:MEL) and its trend of ROCE, we really li...
>>> Read more: Returns At Meridian Energy (NZSE:MEL) Are On The Way Up
>>> Read more: Returns At Meridian Energy (NZSE:MEL) Are On The Way Up
