August 27, 20180Comments

Poor Corporate Governance Makes These Companies Potential Targets for Activist Investors

CEO’s That Focus on ROIC Outperform and the corollary to that argument is that the opposite is also true: CEO’s that don’t focus on ROIC underperform.

by Sam McBride

December 12, 20172Comments

Top Wells Fargo Analyst Leverages Our Best-in-Class Analytics

In “Banks Undervalued: Different Lens, Same Conclusion”, Wells Fargo Securities’ analyst Mike Mayo leverages our research to broaden his coverage and strengthen his thesis.

by Kyle Guske II, Senior Investment Analyst, MBA

October 25, 20170Comments

Webinar: Best in Class Return on Invested Capital (ROIC)

Join us on Wednesday, October 25, at 4pm ET for our webinar, “Best in Class Return on Invested Capital (ROIC).” David Trainer will explain how our research is superior to competitors, and how big-4 accounting firm, Ernst & Young, proves the superiority of our data and analytics.

by Kyle Guske II, Senior Investment Analyst, MBA

October 6, 20174Comments

This white paper compares our data and ROIC for four global companies to other major research firms

In a new white paper, “Getting ROIC right: how an accurate view of ROIC can drive improved shareholder value”, we aim to demonstrate the superiority of our data, analytics and the importance of getting ROIC right.

by Kyle Guske II, Senior Investment Analyst, MBA

July 25, 20170Comments

Nelson Peltz On Procter & Gamble: Sign of The Future For ROIC Laggards

Linking executive compensation to ROIC could create immediate shareholder returns and drive a long-term commitment to the lean and disciplined corporate structure that Peltz wants P&G to adopt.

by Sam McBride

July 6, 20170Comments

5 Unappreciated Stocks With High ROICs

In order to find value, it’s time to get back to the basics of reading footnotes and focusing on economic earnings and return on invested capital (ROIC), the true drivers of valuation.

by Sam McBride

June 22, 20170Comments

Bad ROIC Drives Bad Valuation

GAAP-Based ROIC has a significantly weaker link to valuation than our ROIC calculation, which uses our Robo-Analyst technology to make adjustments from rigorous analysis of footnotes and the MD&A.

by Sam McBride

December 5, 20167Comments

Make ROIC Great Again

As tireless advocates for the importance of Return on Invested Capital (ROIC), we’ve been encouraged to see a growing appreciation for the metric. Unfortunately, many investors may be relying on flawed calculations of ROIC.

by Sam McBride

July 21, 20160Comments

The Future of Wealth Management And Morgan Stanley’s $28 Billion Opportunity

The big banks still have significant advantages. Their brand names, financial capital, advisor networks, and large client bases give them the opportunity to leverage the innovations of startups and become the biggest winners in this new wealth management model.

by Sam McBride

May 5, 20160Comments

Open Letter To Norway’s Sovereign Wealth Fund: Target Lions Gate Entertainment (LGF)

Norway’s Sovereign Wealth Fund announced that it is looking to restructure compensations plans at certain companies in its portfolio. As the fund looks for a company it can target, we offer a candidate: Lions Gate Entertainment (LGF).

by Sam McBride

April 6, 20160Comments

How General Electric Can Prevent A $125 Billion Decline In Market Value

Based on the linear equation within, the stock is worth ~$18/share if we assume that GE can maintain its current ROIC of 3% and not accelerate growth. That downside translates into a loss of $125 billion in market cap or $13 per share (43%) for investors.

by Sam McBride

March 31, 20160Comments

Using ROIC To Value American Express Webinar

In case you missed it, or in case you wanted to watch it again, here is our live webinar from this week. In this webinar, David Trainer, a Wall Street veteran, will discuss how undervalued American Express (AXP) is.

by Kyle Guske II, Senior Investment Analyst, MBA

March 16, 20160Comments

How To Boost American Express (AXP) Value By $50 Billion

Thesis: Management can boost the market value of American Express in the amounts below[1] by aligning the firm’s strategy and performance compensation with real cash flows or what we call return on invested capital (ROIC).

by Sam McBride

March 10, 20165Comments

ROIC: The Paradigm For Linking Corporate Performance To Valuation Webinar

In this webinar, David Trainer, a Wall Street veteran, will discuss ROIC's role in the capital markets, how to calculate it correctly, and how to get the most out of the metric

by Kyle Guske II, Senior Investment Analyst, MBA

February 26, 20160Comments

How To Boost Oracle’s Value By $65 Billion Webinar

In case you missed it, or in case you wanted to watch it again, here is our live webinar from this week. David Trainer will discuss how undervalued Oracle is relative to real cash flows and ROIC and more.

by Kyle Guske II, Senior Investment Analyst, MBA

February 18, 20160Comments

Open Letter to Larry Ellison: How To Boost Oracle’s Value By $65 Billion

Thesis: Management can boost the market value of ORCL in the amounts provided by aligning the firm’s strategy and performance compensation with real cash flows or what we call return on invested capital.

by David Trainer, Founder & CEO

January 29, 20166Comments

ROIC: The Paradigm For Linking Corporate Performance To Valuation

It’s incredible that corporate executives and the market as a whole continue to depend on such flawed numbers when we already have a measure that is clearly linked with value creation: return on invested capital (ROIC).

by David Trainer, Founder & CEO

January 20, 20160Comments

If ROIC Is So Great, Then Why Doesn’t Everyone Use It?

Why do investors, executives, and the financial media focus on reported earnings and other metrics such as EBITDA that ignore the balance sheet? Why aren’t executives around the world adopting ROIC in order to boost returns?

by Sam McBride