SIG News: Sigma Healthcare's (ASX:SIG) Returns On Capital Not Reflecting Well On The Business - 12th May 2022, 3:50pm

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If we want to find a stock that could multiply over the long term, what are the underlying trends we should look 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. Basically this means that a company has profitable initiatives that it can continue to reinvest in, which is a trait of a compounding machine. However, after briefly looking over the numbers, we don't think Sigma Healthcare (ASX:SIG) has ...

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