Mergers & Acquisitions
Best Owner Thesis
“When a management team with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact.” […]
Archive
Category: [:en]მართვა და კაპიტალის განაწილება[:]
ROIC
ROIC = Competitive Advantage
Do you know what gives your organization a competitive advantage? The most significant measure of competitive advantage is ROIC (Return on Invested Capital), and here’s why: ROIC = […]
Market Efficiency
Value Driver Myths
The diagram shows what creates the investor’s value. All other things are myths about value drivers… Let’s summarize in two words: *Source: VALUATION – Measuring and Managing the […]
ROIC
Margin vs Capital-productivity
ROIC can be improved in two ways: by increasing operational efficiency or reducing the amount of capital needed for operations – for example, by optimizing inventory.
Growth
ROIC & Growth
Organizations with low #ROIC often think they should focus on growth because growth inherently creates opportunities for increasing #ROIC. But this doesn’t necessarily happen in practice. Especially when an organization is in a growth phase, meaning rapid growth, it doesn’t…
Growth
Growth Ways
The growth of an organization can occur through various means, and as statistics show, not every approach yields the same results in creating value.
Mergers & Acquisitions
Re-rating Illusion
It’s a widely spread misconception when investors believe that purchasing a company with a high P/E ratio from a company with a low P/E ratio automatically corrects both ratios to the higher one and not the average…