NWSLV News: News (NASDAQ:NWSA) Has More To Do To Multiply In Value Going Forward - 4th Nov 2023, 1:15am

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There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'd want to identify a growing return on capital employed (ROCE) and then alongside that, an ever-increasing base of capital employed. Put simply, these types of businesses are compounding machines, meaning they are continually reinvesting their earnings at ever-higher rates of return. In light of that, when we looked at News (NASDAQ:NWSA) and its ROCE trend, we weren't exactly thrilled.

Understanding...

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