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To find a multi-bagger stock, what are the underlying trends we should look for in a business? Typically, we'll want to notice a trend of growing return on capital employed (ROCE) and alongside that, an expanding base 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. Speaking of which, we noticed some great changes in NRW Holdings' (ASX:NWH) returns on capital, so let's have a look.
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>>> Read more: NRW Holdings (ASX:NWH) Shareholders Will Want The ROCE Trajectory To Continue
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>>> Read more: NRW Holdings (ASX:NWH) Shareholders Will Want The ROCE Trajectory To Continue