XRO News: Xero (ASX:XRO) Is Experiencing Growth In Returns On Capital - 28th Feb 2022, 12:06pm

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If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an eye out for. Firstly, we'd want to identify a growing return on capital employed (ROCE) and then alongside that, an ever-increasing base 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. With that in mind, we've noticed some promising trends at Xero (ASX:XRO) so let's...

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