SGX

There are a few key trends to look for if we want to identify the next multi-bagger. In a perfect world, we'd like to...

And a remarkable 297% total return over the last five years tells us that investors are expecting more good things to come in the future. With that in mind, the ROCE of Hour Glass ( SGX:AGS) looks great, so lets see what the trend can tell us. For those that aren't sure what ROCE is, it measures the amount of pre-tax profits a company can generate from the capital employed in its business. So we're very much inspired by what we're seeing at Hour Glass thanks to its ability to profitably reinvest capital. If you're interested, you can view the analysts predictions in our free report on analyst forecasts for the company. There are a few key trends to look for if we want to identify the next multi-bagger.