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If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'd want to identify a growing return on capital employed (ROCE) and then alongside that, an ever-increasing base of capital employed. Ultimately, this demonstrates that it's a business that is reinvesting profits at increasing rates of return. With that in mind, the ROCE of Wesfarmers (ASX:WES) looks attractive right now, so lets see what the trend of returns can tell us.
Return On ...
>>> Read more: Wesfarmers (ASX:WES) Might Become A Compounding Machine
Return On ...
>>> Read more: Wesfarmers (ASX:WES) Might Become A Compounding Machine
