ROE vs. ROCE vs. ROIC
(Calculation & Implications)
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abhishek
5,561 posts
abhishek
@abhishec_s
Valuations Matter/Nobody Knows/Structure Beats Activity. At the end of every road, you meet yourself. Views are mine. Reposts & Likes Are Not Endorsements.
Joined October 2015
- Investing book recommendations. In order —
- How to track stocks/sectors: (for the justifiably endangered retail active investor) 👇
- Travails of a Value Investor Joel Greenblatt was down 5% in 1998 when market was up 28.6%. In 1999 he was down another 5% vs.+21% for the market. In 2000 market went down 9% and he was up 114%. If your valuation work is good, the market will recognise it - eventually.
- BlackRock with 6 TN in AUM, 3 TN in equity alone has a market cap of 72 BN. Just about 1% of AUM. HDFC AMC is already at 9 BN. 17% of AUM. 17%!
- ITC hasn’t burnt cigarette cash flows on non cigarette businesses. — Kotak
- PE, EV/EBITDA, P/Sales or DCF? (thread)
- My threads on Investing:
- Details, Screw-Ups & Butterfly Effects 👇
- Brazilian variant. Indian variant. UK variant. South African variant. But you can’t call it the Chinese virus.
- Nobody Knows 👇
- Naren’s session at IFA Galaxy was fantastic. He may be right or wrong and we may agree or disagree, but a seasoned veteran speaking his mind is something we need more of. Naren is my superhero.
