COH News: Cochlear (ASX:COH) May Have Issues Allocating Its Capital - 28th Apr 2024, 8:49am

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If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for? In a perfect world, we'd like to see a company investing more capital into its business and ideally the returns earned from that capital are also increasing. This shows us that it's a compounding machine, able to continually reinvest its earnings back into the business and generate higher returns. Having said that, while the ROCE is currently high for Cochlear (ASX:COH), we aren'...

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