Despite a high P/E ratio, investors hold onto their stock, risking future disappointment if P/E falls in line with growth outlook. Weak earnings outlook with slower market growth suggests share price risk.

Huagong Tech's returns on capital remain steady, despite increased capital employed, indicating a lack of high return investments. The chance of it becoming a multi-bagger is low if these trends persist.

Huagong Tech's slower growth rate projection poses risk to current share price. If P/E ratio falls, investors may face disappointment. Share price may decline given conditions. Prices might not be reasonable currently.

Huagong Tech's stable ROCE, despite continuous reinvestments, suggests their investments have not yielded high returns. Prevailing trends hint that the stock might not deliver strong multi-bagger returns in the future.