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There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'll want to see a proven return on capital employed (ROCE) that is increasing, and secondly, 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. So when we looked at Pilbara Minerals (ASX
LS) and its trend of ROCE, we really liked what we saw.
Understanding Return On Capi...
>>> Read more: Pilbara Minerals' (ASXLS) Returns On Capital Are Heading Higher
LS) and its trend of ROCE, we really liked what we saw.Understanding Return On Capi...
>>> Read more: Pilbara Minerals' (ASX
LS) Returns On Capital Are Heading Higher