| Valuation Metric Name |
Definition |
| GAP - Growth Appreciation Period |
The number of years into the future a company earns positive Economic Earnings Margin.
The period of time that a companyís ROIC is expected to exceed its WACC on new investments. |
| Economic Book Value(EBV) |
The pre-strategy value of a going concern with no opportunity for incremental
growth. Expressed by the formula:
(NOPAT/WACC) - Debt - Minority Interests - Preferred Stock - Value of Outstanding Options +
Over(under) - Funded Pensions + Excess Cash |
| EBV Per Share |
Economic Book Value/Basic Shares Outstanding |
| PVGO per Share |
Excess of market price over the Economic Book Value of a stock. PVGO represents the
portion of the current stock price that is based on future, unrealized profits. |
| PVGO as a % of Stock Price |
PVGO per Share/Stock Price |
| Free Cash Flow Yield |
A measure of the amount of unlevered free cash flow a company generates relative to
its enterprise value. |
| Market Value |
Stock Price * Basic Shares Outstanding |
| Enterprise Value |
Market Value + Total Debt + Preferred Stock + Minority Interest + Value of
Outstanding ESOs - Excess Cash |
| Enterprise Value/Invested Capital |
Ratio comparing the market value of Invested Capital to the book value of Invested
Capital. An unlevered price to book ratio, it is also considered a scaled measure of Market Value
Added.Equals: Enterprise Value/Invested Capital |
| Enterprise Value/EBITDA |
Enterprise Value/EBITDA |
| Enterprise Value/NOPAT |
Enterprise Value/NOPAT |
| P/E |
Price to Diluted EPS ratio |
| Price to Acctg. Book Value |
Price/Accounting Book Value |
| Price to EBV |
Price/EBV |
| Price to NOPAT Per Share |
Price/Unlevered NOPAT per Share |
| Debt to Total Capital |
Total Debt/Total Adjusted Market Value |
