SHL News: Investors Met With Slowing Returns on Capital At Sonic Healthcare (ASX:SHL) - 19th Sep 2023, 1:39pm

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If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an eye out for. Typically, we'll want to notice a trend of growing return on capital employed (ROCE) and alongside that, an expanding base of capital employed. Ultimately, this demonstrates that it's a business that is reinvesting profits at increasing rates of return. Having said that, from a first glance at Sonic Healthcare (ASX:SHL) we aren't jumping out of our chairs at how re...

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