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To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'll want to see a proven return on capital employed (ROCE) that is increasing, and secondly, an expanding base of capital employed. Ultimately, this demonstrates that it's a business that is reinvesting profits at increasing rates of return. With that in mind, we've noticed some promising trends at Reliance Worldwide (ASX:RWC) so let's look a bit deeper.
Return On Capital Employed (ROCE): W...
>>> Read more: Reliance Worldwide (ASX:RWC) Is Doing The Right Things To Multiply Its Share Price
Return On Capital Employed (ROCE): W...
>>> Read more: Reliance Worldwide (ASX:RWC) Is Doing The Right Things To Multiply Its Share Price
