PME News: Pro Medicus (ASX:PME) Could Become A Multi-Bagger - 9th Oct 2023, 9:02am

[annb0t]

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key financial metrics. Ideally, a business will show two trends; firstly a growing return on capital employed (ROCE) and secondly, an increasing 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 the ROCE trend of Pro Medicus (ASXME) we really...

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