WTC News: Investors Shouldn't Overlook WiseTech Global's (ASX:WTC) Impressive Returns On Capital - 8th Jun 2023, 3:37pm

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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. Basically this means that a company has profitable initiatives that it can continue to reinvest in, which is a trait of a compounding machine. With that in mind, the ROCE of WiseTech Global (ASX:WTC) looks great, so lets see what the trend can tell us.

Return On C...

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