DBG Technology's falling ROCE and rising current liabilities to total assets ratio may pose risks. Despite past stock gains, if these trends persist, chances of it being a multi-bagger are low.

Market sentiment for DBG Technology has improved over the past year, as indicated by its positive P/E ratio. The total shareholder return of 148% over the last year, including dividends, surpasses its share price return. The recent share price momentum implies further investigation may be beneficial.

Given the declining ROCE, it’s unlikely that DBG Technology would develop into a multi-bagger stock going forward. However, the market seems to view its future positively, considering the impressive returns delivered to shareholders in the past half-decade.