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If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. One common approach is to try and find a company with returns on capital employed (ROCE) that are increasing, in conjunction with a growing amount of capital employed. Ultimately, this demonstrates that it's a business that is reinvesting profits at increasing rates of return. And in light of that, the trends we're seeing at Spark New Zealand's (NZSE:SPK) look very promising so lets take a look...
>>> Read more: Returns On Capital Are A Standout For Spark New Zealand (NZSE:SPK)
>>> Read more: Returns On Capital Are A Standout For Spark New Zealand (NZSE:SPK)
