Return on Capital (ROC), Return on Invested Capital (ROIC) and Return on Equity (ROE)

Damodaran, A. (2007). Return on Capital (ROC), Return on Invested Capital (ROIC) and Return on Equity (ROE): Measurement and Implications.

Type

Preprint

Intellectual base

Grey literature

Year

2007

DOI

10.2139/ssrn.1105499

DOI registrant

Elsevier

Link

https://doi.org/10.2139/ssrn.1105499

Cited by

1 citation across 1 artifact.

Each citation links to the sentence it supports in the citing article.

Domain-specific

• EV/GCI
  • GCI is an analytic reconstruction and can differ among research providers

    This sourceDamodaran, for the general point that an invested-capital return measure is an analyst reconstruction resting on explicit adjustment choices; the paper argues which adjustments are right rather than documenting divergence among research providers, and does not use the GCI measure.

    Supported in partVerified against the source

    Read by an automated reader; not a human review. How support was checked

Verification

Does it exist? Confirmed. This work's DOI resolves to a registered record, which fixes its identity. That is all it fixes.

Does it back the claim? Read against the text for 1 of 1 citation: 1 supported in part. Each verdict is shown under its citation below, with what in the work backs the sentence.

Support is checked per citation rather than per work — the same source can be cited soundly in one article and wrongly in another. Per-citation recording began recently, so a citation with no recorded check is a gap in the record rather than evidence it went unchecked.

See how references were verified.

Registry ID ref:6f56ebe77d88 · see in the full table