RMD News: Investors Shouldn't Overlook The Favourable Returns On Capital At ResMed (NYSE:RMD) - 24th Nov 2023, 9:38pm

[annb0t]

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'd want to identify a growing return on capital employed (ROCE) and then alongside that, an ever-increasing base 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. Ergo, when we looked at the ROCE trends at ResMed (NYSE:RMD), we liked what we saw.

Return On Capital Employed...

>>> Read more: Investors Shouldn't Overlook The Favourable Returns On Capital At ResMed (NYSE:RMD)