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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. Ideally, a business will show two trends; firstly a growing return on capital employed (ROCE) and secondly, an increasing amount 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. That's why when we briefly looked at Spark New Zealand's (NZSE:SPK) ROCE tre...
>>> Read more: Many Would Be Envious Of Spark New Zealand's (NZSE:SPK) Excellent Returns On Capital
>>> Read more: Many Would Be Envious Of Spark New Zealand's (NZSE:SPK) Excellent Returns On Capital