RMD News: Under The Bonnet, ResMed's (NYSE:RMD) Returns Look Impressive - 7th Jun 2024, 9:21pm

[annb0t]

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Amongst other things, we'll want to see two things; firstly, a growing return on capital employed (ROCE) and secondly, an expansion in the company's 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 ResMed (NYSE:RMD) we really liked w...

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