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If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a business will show two trends; firstly a growing return on capital employed (ROCE) and secondly, an increasing amount 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. However, after briefly looking over the numbers, we don't think a2 Milk (NZSE:ATM) has the makings of a mu...
>>> Read more: Here's What's Concerning About a2 Milk's (NZSE:ATM) Returns On Capital
>>> Read more: Here's What's Concerning About a2 Milk's (NZSE:ATM) Returns On Capital
