If you’re seeking for a multi-bagger, you will find a several factors to hold an eye out for. Amongst other items, we will want to see two things for starters, a growing return on money utilized (ROCE) and next, an growth in the company’s volume of capital employed. In the end, this demonstrates that it can be a business enterprise that is reinvesting earnings at rising fees of return. Speaking of which, we found some wonderful modifications in Waterco’s (ASX:WAT) returns on money, so let us have a seem. Comprehension Return On Cash Used (ROCE) For people who don’t know, ROCE is a evaluate of a firm’s yearly pre-tax income…