In the Magic Formula, Joel Greenblatt gives the ROC formula; Return on Capital = EBIT / (Net Working Capital + Net Fixed Assets), so let’s put the data into the equation. Figuring out Net ...
Just to clarify if you're unsure, ROCE is a metric for evaluating how much pre-tax income (in percentage terms) a company earns on the capital invested in its business. To calculate this metric for ...
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article ...
Return on equity or ROE is a key measure used to assess how efficiently a company's management is utilizing the company's capital. In other words, it is a profitability ratio which measures the ...