NXT News: NEXTDC (ASX:NXT) Will Want To Turn Around Its Return Trends - 6th Jun 2022, 1:33pm

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If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for? Typically, we'll want to notice a trend of growing return on capital employed (ROCE) and alongside that, an expanding base 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. Although, when we looked at NEXTDC (ASX:NXT), it didn't seem to tick all of these boxes.

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