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Austco Healthcare's strong ROE and earnings growth boost stock performance

Austco Healthcare Limited's stock has risen 15% over the past three months, reflecting its solid financial health, highlighted by a 16% return on equity (ROE) that surpasses the industry average of 7.3%. The company's net income growth of 16% over five years also outpaces the industry’s 8.3%, indicating strong profitability and potential for future earnings growth. Investors should consider the P/E ratio to assess whether the stock's expected growth is appropriately priced.
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