Financial Filters Identify Potential Multibagger Stocks
2 hours agoBusiness
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1 SourcesPrince Edward Island, Canada
TBNthebalanced.news
Financial Filters Identify Potential Multibagger Stocks

A financial analysis identified six key filters to screen for potential 'multibagger' stocks, which are stocks that significantly increase in value. These filters include high Return on Equity (ROE) and Return on Capital Employed (ROCE), strong compounded sales growth, a low Debt to Equity ratio, and favorable Price to Earnings (P/E) and Price to Book Value (P/B) ratios compared to industry averages. The screening process was applied to a large number of stocks, with only a small fraction meeting all criteria.

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