Churchill China's ROCE Trends and Multi-Bagger Potential

Churchill China's ROCE has declined from 22% to 12% over the past five years, despite increasing capital employment. The company's historical ROCE trend is not favorable, and the stock has declined 55% in the last five years. Investors may not be optimistic about the trend improving, and based on this analysis, Churchill China does not appear to have the makings of a multi-bagger.