CIA News: Why We Like The Returns At Champion Iron (ASX:CIA) - 30th Jul 2022, 8:50am

[annb0t]

To find a multi-bagger stock, what are the underlying trends we should look for in a business? 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. So when we looked at the ROCE trend of Champion Iron (ASX:CIA) we really liked what we saw.

Return On Capital Emp...

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