MVF News: Monash IVF Group's (ASX:MVF) Returns On Capital Not Reflecting Well On The Business - 4th Jun 2022, 10:21am

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There are a few key trends to look for if we want to identify the next multi-bagger. 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. In light of that, when we looked at Monash IVF Group (ASX:MVF) and its ROCE trend, we weren't exactly thrilled.

What is Return O...

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