WGN News: Capital Allocation Trends At Wagners Holding (ASX:WGN) Aren't Ideal - 14th Mar 2023, 3:42pm

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Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Typically, we'll want to notice a trend of growing return on capital employed (ROCE) and alongside that, an expanding base of capital employed. If you see this, it typically means it's a company with a great business model and plenty of profitable reinvestment opportunities. However, after investigating Wagners Holding (ASX:WGN), we don't think it's current trends fit the mold of a multi-bagger.

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