PMV News: Premier Investments (ASX:PMV) Is Experiencing Growth In Returns On Capital - 9th Oct 2023, 11:56am

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If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an eye out for. Amongst other things, we'll want to see two things; firstly, a growing return on capital employed (ROCE) and secondly, an expansion in the company's amount 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 Premier Investments (ASX:p...

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