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There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'd want to identify a growing return on capital employed (ROCE) and then alongside that, an ever-increasing 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. With that in mind, we've noticed some promising trends at Premier Investments (ASX
MV) so let's look a bit deeper.
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>>> Read more: Returns On Capital Are Showing Encouraging Signs At Premier Investments (ASX
MV)
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>>> Read more: Returns On Capital Are Showing Encouraging Signs At Premier Investments (ASX