COH News: Cochlear (ASX:COH) Will Want To Turn Around Its Return Trends - 10th Oct 2024, 8:53am

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Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Amongst other things, we'll want to see two things; firstly, a growing return on capital employed (ROCE) and secondly, an expansion in the company's amount of capital employed. This shows us that it's a compounding machine, able to continually reinvest its earnings back into the business and generate higher returns. So when we looked at Cochlear (ASX:COH), they do have a high ROCE, but we weren't ex...

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