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If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Typically, we'll want to notice a trend of growing return on capital employed (ROCE) and alongside that, an expanding 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. So when we looked at the ROCE trend of Pilbara Minerals (ASX
LS) we really liked what we saw.
Under...
>>> Read more: Investors Shouldn't Overlook Pilbara Minerals' (ASXLS) Impressive Returns On Capital
LS) we really liked what we saw.Under...
>>> Read more: Investors Shouldn't Overlook Pilbara Minerals' (ASX
LS) Impressive Returns On Capital