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If you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see a company investing more capital into its business and ideally the returns earned from that capital are also increasing. Ultimately, this demonstrates that it's a business that is reinvesting profits at increasing rates of return. Looking at Nick Scali (ASX:NCK), it does have a high ROCE right now, but lets see how returns are trending.
Understanding Return On Capital Employed...
>>> Read more: Nick Scali (ASX:NCK) Is Reinvesting At Lower Rates Of Return
Understanding Return On Capital Employed...
>>> Read more: Nick Scali (ASX:NCK) Is Reinvesting At Lower Rates Of Return
