question archive CSL is one of the largest biotechnology firms in Australasia, and over an extended period of time it consistently earned higher ROEs than the biotech industry as a whole

CSL is one of the largest biotechnology firms in Australasia, and over an extended period of time it consistently earned higher ROEs than the biotech industry as a whole

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CSL is one of the largest biotechnology firms in Australasia, and

over an extended period of time it consistently earned higher ROEs than the biotech industry as a whole. As a biotechnology analyst, what factors would you consider to be important in making projections of future ROEs for CSL? In particular, what factors would lead you to expect CSL to continue to be a superior performer in its industry, and what factors would lead you to expect CSL's future performance to revert to that of the industry as a whole? LO3

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