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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. Speaking of which, we noticed some great changes in Reece's (ASX:REH) returns on capital, so let's have a look.
Return On Capita...
>>> Read more: Reece (ASX:REH) Is Experiencing Growth In Returns On Capital
Return On Capita...
>>> Read more: Reece (ASX:REH) Is Experiencing Growth In Returns On Capital
