To The Moon

The airline has seen its share price tumble following a weak set of earnings.

Veterans of the dot-com era share 5 ways to find winners.Rob Arnott and other market pros offer their best tips for finding quality names while the stock market is in red. The technology sector is bleeding red. The "Magnificent Seven" collectively lost $1.55 trillion in market capitalization this week - their largest weekly market-cap decline on record. The rest of the U.S. stock market was right there with them, with $5.6 trillion in value wiped this week.Rob Arnott, the chairman of Research Affiliates, is having flashbacks as he recalls Microsoft Corp.'s turn for the worst in 2000. The software provider was a tech darling during the dot-com era, but its pivot lower dragged down the rest of tech. It took 14 years for the stock to recover.While a good investing strategy uses qualitative and quantitative approaches, below are some simple but favored back-of-the-envelope valuations for bagging quality te

There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'll want to see a proven return on capital employed that is increasing, and secondly, an expanding base of capital employed. Basically this means that a company has profitable initiatives that it can continue to reinvest in, which is a trait of a compounding machine. With that in mind, we've noticed some promising trends at Singapore Airlines so let's look a bit deeper.Return On Capital Employed : What Is It?If you haven't worked with ROCE before, it measures the 'return' a company generates from capital employed in its business. The formula for this calculation on Singapore Airlines is:. Return on Capital Employed = Earnings Before Interest and Tax ÷ . So, Singapore Airlines has an ROCE of 7.0%. On its own, that's a low figure but it's around the 8.0% average generated by the Airlines industry.