Another Look At Greenblatt's ROIC
Read the full article at: http://valetudoinvesting.blogspot.com/2007/12/greenblatt-roic.html
Submitted by Eddie Bravo on Wed, 2007-12-26 03:10.
(via valetudoinvesting.blogspot.com)
Greenblatt's calculation of ROIC in TLBTBTM is a useful quick and dirty tool but when it comes to really analysing companies it may need some adjustments to give a clearer picture.
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Jack
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