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To find a multi-bagger stock, what are the underlying trends we should look for in a business? 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. Speaking of which, we noticed some great changes in Xero's (ASX:XRO) returns on capital, so let's have a look.
Return On Capital...
>>> Read more: Xero (ASX:XRO) Is Experiencing Growth In Returns On Capital
Return On Capital...
>>> Read more: Xero (ASX:XRO) Is Experiencing Growth In Returns On Capital
