TPW News: Returns Are Gaining Momentum At Temple & Webster Group (ASX:TPW) - 27th Oct 2022, 9:06am

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There are a few key trends to look for if we want to identify the next multi-bagger. 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. So on that note, Temple & Webster Group (ASX:TPW) looks quite promising in regards to its trends of return on capital.

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