SKT News: Investors Met With Slowing Returns on Capital At SKY Network Television (NZSE:SKT) - 29th May 2022, 7:00am

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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. 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. However, after investigating SKY Network Television (NZSE:SKT), we don't think it...

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