SPK News: The Trend Of High Returns At Spark New Zealand (NZSE:SPK) Has Us Very Interested - 10th Dec 2023, 8:00am

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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. 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. And in light of that, the trends we're seeing at Spark New Zealand's (NZSE:SPK) lo...

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