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To find a multi-bagger stock, what are the underlying trends we should look for in a business? 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. Although, when we looked at Wagners Holding (ASX:WGN), it didn't seem to tick all of these boxes.
Return On Capital Employed (ROCE): What is it?
If ...
>>> Read more: Some Investors May Be Worried About Wagners Holding's (ASX:WGN) Returns On Capital
Return On Capital Employed (ROCE): What is it?
If ...
>>> Read more: Some Investors May Be Worried About Wagners Holding's (ASX:WGN) Returns On Capital