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To find a multi-bagger stock, what are the underlying trends we should look for in a business? Ideally, a business will show two trends; firstly a growing return on capital employed (ROCE) and secondly, an increasing amount of capital employed. Basically this means that a company has profitable initiatives that it can continue to reinvest in, which is a trait of a compounding machine. So while Nick Scali (ASX:NCK) has a high ROCE right now, lets see what we can decipher from how returns are chan...
>>> Read more: Nick Scali (ASX:NCK) Is Reinvesting At Lower Rates Of Return
>>> Read more: Nick Scali (ASX:NCK) Is Reinvesting At Lower Rates Of Return
