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To find a multi-bagger stock, what are the underlying trends we should look for in a business? Typically, we'll want to notice a trend of growing return on capital employed (ROCE) and alongside that, an expanding base of capital employed. This shows us that it's a compounding machine, able to continually reinvest its earnings back into the business and generate higher returns. However, after briefly looking over the numbers, we don't think Reliance Worldwide (ASX:RWC) has the makings of a multi-...
>>> Read more: There Are Reasons To Feel Uneasy About Reliance Worldwide's (ASX:RWC) Returns On Capital
>>> Read more: There Are Reasons To Feel Uneasy About Reliance Worldwide's (ASX:RWC) Returns On Capital
