The data for this analysis comes from Koyfin. The formula used is net profit after tax (NOPAT) divided by the average invested capital over the past two years. NOPAT is the same as earnings before ...
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Find Quality Investments With ROICThe formula looks like this: ROIC = Net Operating Profits After Tax (NOPAT) / Invested Capital At first glance, the formula looks simple. But in the complex financial statements published by ...
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