Bad Return On Invested Capital Drives Bad Valuation

June 28, 2017   |   June 2017 Bond Updates
GAAP-Based ROIC has a significantly weaker link to valuation than our ROIC calculation, which uses our Robo-Analyst technology to make adjustments from rigorous analysis of footnotes and the MD&A.

View more at: http://www.forbes.com/sites/greatspeculations/2017/06/27/bad-return-on-invested-capital-drives-bad-valuation/
 
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