RHC News: Ramsay Health Care (ASX:RHC) Will Be Hoping To Turn Its Returns On Capital Around - 21st Oct 2024, 9:19am

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What are the early trends we should look for to identify a stock that could multiply in value over the long term? 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. However, after investigating Ramsay Health Care (ASX:RHC), we don't think it's current trends f...

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