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There are a few key trends to look for if we want to identify the next 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. This shows us that it's a compounding machine, able to continually reinvest its earnings back into the business and generate higher returns. However, after briefly looking over the numbers, we don't think Monadelphous Group (ASX:MND) has the makings of a multi-bagger goi...
>>> Read more: Returns On Capital Signal Tricky Times Ahead For Monadelphous Group (ASX:MND)
>>> Read more: Returns On Capital Signal Tricky Times Ahead For Monadelphous Group (ASX:MND)