NCZ News: New Century Resources (ASX:NCZ) Might Have The Makings Of A Multi-Bagger - 5th May 2022, 12:09pm

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If you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to see two things; firstly, a growing return on capital employed (ROCE) and secondly, an expansion in the company's amount 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 on that note, New Century Resources (ASX:NCZ) looks quite promising in regards to its trends of ...

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