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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. Ultimately, this demonstrates that it's a business that is reinvesting profits at increasing rates of return. So when we looked at Premier Investments (ASX
MV) and its trend of ROCE, we really liked what we saw.
Understanding Return On Capital Employe...
>>> Read more: Investors Will Want Premier Investments' (ASXMV) Growth In ROCE To Persist
MV) and its trend of ROCE, we really liked what we saw.Understanding Return On Capital Employe...
>>> Read more: Investors Will Want Premier Investments' (ASX
MV) Growth In ROCE To Persist