MVF News: Monash IVF Group (ASX:MVF) Could Be Struggling To Allocate Capital - 6th Dec 2022, 4:06pm

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If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'll want to see a proven return on capital employed (ROCE) 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. However, after briefly looking over the numbers, we don't think Monash IVF Group (ASX:MVF) has the makings of a...

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