MHJ News: Michael Hill International (ASX:MHJ) Hasn't Managed To Accelerate Its Returns - 14th Mar 2022, 3:19pm

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If you're looking for a multi-bagger, there's a few things to keep an eye out for. One common approach is to try and find a company with returns on capital employed (ROCE) that are increasing, in conjunction with a growing amount of capital employed. Ultimately, this demonstrates that it's a business that is reinvesting profits at increasing rates of return. Having said that, from a first glance at Michael Hill International (ASX:MHJ) we aren't jumping out of our chairs at how returns are trendi...

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