Despite a recent share price drop, Guangdong Rifeng Electric Cable's high P/E may not be justified due to shrinking medium-term earnings and expected market growth. The share price risks further decline unless conditions improve.

Guangdong Rifeng Electric Cable's ROCE decline and modest shareholder return signal it might not be a strong pick for investors seeking multi-baggers. Flat sales growth suggests potential growth challenges, despite its focus on long-term investment.