Despite Mesnac's strong earnings growth, its P/E ratio is lower than the market, indicating investor skepticism about the company's ability to maintain growth. Investors seem to anticipate high volatility in future earnings, possibly pressuring the P/E ratio.

Mesnac's ROCE growth, despite flat capital employed, indicates benefits from past investments. However, increased current liabilities could pose risks. The stock's 32% return over five years suggests promising, possibly overlooked trends.