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Stock impact report

Kadant (NYSE:KAI) Has Some Way To Go To Become A Multi-Bagger [Yahoo! Finance]

Kadant Inc (KAI) 
Last kadant inc earnings: 4/29 04:34 pm Check Earnings Report
US:NYSE Investor Relations: investor.kadant.com/investor-overview
Company Research Source: Yahoo! Finance
In a perfect world, we'd like to see a company investing more capital into its business and ideally the returns earned from that capital are also increasing. Basically this means that a company has profitable initiatives that it can continue to reinvest in, which is a trait of a compounding machine. With that in mind, the ROCE of Kadant NYSE:KAI ) looks decent, right now, so lets see what the trend of returns can tell us. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. For those that aren't sure what ROCE is, it measures the amount of pre-tax profits a company can generate from the capital employed in its business. The formula for this calculation on Kadant is: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.12 = US$161m ÷ (US$1.5b - US$213m) (Based on the Show less Read more
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