COH News: Capital Allocation Trends At Cochlear (ASX:COH) Aren't Ideal - 16th Dec 2022, 3:40pm

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Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Typically, we'll want to notice a trend of growing return on capital employed (ROCE) and alongside that, an expanding base of capital employed. Put simply, these types of businesses are compounding machines, meaning they are continually reinvesting their earnings at ever-higher rates of return. So while Cochlear (ASX:COH) has a high ROCE right now, lets see what we can decipher from how returns are ...

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