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ROCE might be a better measure of value creation. ROCE is a pre-tax measure of return on capital, so if the firm has debt, it is inappropriate to compare it directly to WACC. |
Use Technical Analysis as a tool for identifying unfriendly stock market environments and moving to cash as a result. If you are looking to develop a serious, objective based roadmap for navigating the markets with technical analysis, It will be good... |
As the saying goes, "It costs more to be poor." This day in time, when credit is king, are the credit rating and lending policies inherently classicist? I would welcome your thoughts on this. |

