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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. Ideally, a business will show two trends; firstly a growing return on capital employed (ROCE) and secondly, an increasing amount of capital employed. Ultimately, this demonstrates that it's a business that is reinvesting profits at increasing rates of return. Although, when we looked at Monadelphous Group (ASX:MND), it didn't seem to tick all of these boxes.
Under...
>>> Read more: There Are Reasons To Feel Uneasy About Monadelphous Group's (ASX:MND) Returns On Capital
Under...
>>> Read more: There Are Reasons To Feel Uneasy About Monadelphous Group's (ASX:MND) Returns On Capital