ZIM News: Zimplats Holdings (ASX:ZIM) Has More To Do To Multiply In Value Going Forward - 10th Dec 2023, 9:12am

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To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'll want to see a proven return on capital employed (ROCE) that is increasing, and secondly, 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. With that in mind, the ROCE of Zimplats Holdings (ASX:ZIM) looks decent, right now, so lets see what the trend of returns can tell...

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