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Canterbury Park Holding (NASDAQ:CPHC) May Have Issues Allocating Its Capital

By Yahoo! Finance   |   3 months ago
Canterbury Park Holding (NASDAQ:CPHC) May Have Issues Allocating Its Capital

To identify a potential multi-bagger stock, look for growing return on capital employed (ROCE) and an increase in capital employed. Canterbury Park Holding's low ROCE of 5.6% underperforms the industry average. Despite stock growth, caution is advised due to declining returns.

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