Cash Return on Capital Invested: Ten Years of Investment Analysis with the CROCI Economic Profit Model - Image 1

£68.99

It has never been this cheap. We have no record of a lower price.

£69 today · cheaper than every other day in the last 3 months

Butterworth-Heinemann Cash Return on Capital Invested: Ten Years of Investment Analysis with the CROCI Economic Profit Model

Name: Cash Return on Capital Invested: Ten Years of Investment Analysis with the CROCI Economic Profit Model
Brand: Butterworth-Heinemann
Price: 68.99 GBP
Availability: InStock

Banking

Price Distribution

Price distribution over 89 days • 1 price levels

Days at Price

Price Analysis

Most common price: £69 (89 days, 100.0%)

Price range: £69 - £69

Price levels: 1 different prices over 89 days

Description

In this book, Pascal Costantini gives a lively and wonderfully readable account of ten years of efforts by a small group of investment analysts to find a reliable, practical and implementable method for valuing and selecting shares. The result of their effort is an original investment methodology called CROCI (Cash Return on Capital Invested), best described as a variation of the economic profit model. For over a decade now, Costantinis group at Deutsche Bank has been using this valuation tool every time it has had to take a view on the pricing of an equity asset, be it a market, a sector or an individual sharein other words, every single working day, since it is this groups job to advise institutional investors on equity valuation. Costantini describes in detail, accompanied by concrete examples in the form of charts and graphs, the precise investment results of the actual implementation of the CROCI approach in the global equity markets since 1996. Readers will enjoy taking this journey with Costantini to see how and why the model was developed, assess the results of ten years of actual implementation and measure the successes of using this model in stock picking and portfolio construction. This book will also make it easy for them to see how the CROCI approach can be used successfully by others now and in the future. The book is divided into four parts. The first part is a review and discussion of the fundamentals of investment analysis. The second part is dedicated to the construction of economic data, with the sole objective of calculating an economically meaningful asset multiple and relative return, the combination of which gives an economic PE ratio, the authors main stock selection tool. While the economic profit model is not exactly new, it is still largely ignored by the investment community. In essence, it does three things: it calculates the real amount of cash, or value created by a business; it compare

Product Specifications

Brand: Butterworth-Heinemann
Format: paperback
ASIN: 0080973868
Category: Books > Subjects > Business, Finance & Law > Professional Finance > Banking
Domain: Amazon UK
Release Date: 16 August 2014
Listed Since: 16 August 2014

Barcode

No barcode data available

It has never been this cheap. We have no record of a lower price.

Butterworth-Heinemann Cash Return on Capital Invested: Ten Years of Investment Analysis with the CROCI Economic Profit Model

Price Distribution

Price Analysis

Description

Product Specifications

Barcode

Similar Products You Might Like

Elsevier Cash Return on Capital Invested - CROCI Model Book

Equity Markets in India: Returns, Risk and Price Multiples (India Studies in Business and Economics)

Looking Beyond Profit: Small Shareholders and the Values Imperative (Corporate Social Responsibility)

Security Analysis and Portfolio Management: A Primer (Classroom Companion: Business)

Valuing and Investing in Equities: CROCI: Cash Return on Capital Investment

Using Fundamental Analysis and an Ensemble of Classifier Models Along with a Risk-Off Filter to Select Outperforming Companies (Synthesis Lectures on Technology Management & Entrepreneurship)

Valuation of Companies in Emerging Markets: A Practical Approach: 134 (Wiley Finance)

Rechnungswesenbasierte Verfahren der Aktienbewertung: Theoretische und empirische Untersuchung des Residualgewinnmodells

Estimating the Cost of Capital Implied by Market Prices and Accounting Data (Foundations and Trends (R) in Accounting)

Valuepack:Corporate Financial Management with Principles of Macroeconomics.

Valuepack:Corporate Financial Management with Financial Accounting and Reporting

Practical Financial Economics: A New Science

Sportaktien - eine lohnende Investition?

Perspectives, Trends, and Applications in Corporate Finance and Accounting (Advances in Finance, Accounting, and Economics)

Strategische Ausschüttungspolitik deutscher Aktiengesellschaften: Dividendenstrategien im Kapitalmarktkontext

Advances in Financial Planning and Forecasting: Vol 10

Global Equity Selection Strategies

Strategisches Portfoliomanagement als Aufgabenfeld des Konzern-Controllings: Risiko- und erfolgsorientierte Evaluierung der Kapitalallokation im Kontext der Corporate Strategy

Unternehmensbewertung und Marktpreisfindung: Zur Mikrostruktur des Kapitalmarktes

Applied Equity Analysis and Portfolio Management: Tools to Analyze and Manage Your Stock Portfolio, + Online Video Course (Wiley Finance)

Tidy Finance with R (Chapman & Hall/CRC The R Series)

Corporate Finance and Investment: Decisions and Strategies

Frontier Emerging Equity Markets Securities Price Behavior and Valuation

Advanced Stocks Analysis - A Fundamentalist Approach: The Ultimate Wall Street Manual (The Money Mentor Series: Learn Financial Planning & Master Stocks Analysis)

It has never been this cheap. We have no record of a lower price.

Butterworth-Heinemann Cash Return on Capital Invested: Ten Years of Investment Analysis with the CROCI Economic Profit Model

Price History & Forecast

Price Distribution

Price Analysis

Description

Product Specifications

Barcode

Similar Products You Might Like

Elsevier Cash Return on Capital Invested - CROCI Model Book

Equity Markets in India: Returns, Risk and Price Multiples (India Studies in Business and Economics)

Looking Beyond Profit: Small Shareholders and the Values Imperative (Corporate Social Responsibility)

Security Analysis and Portfolio Management: A Primer (Classroom Companion: Business)

Valuing and Investing in Equities: CROCI: Cash Return on Capital Investment

Using Fundamental Analysis and an Ensemble of Classifier Models Along with a Risk-Off Filter to Select Outperforming Companies (Synthesis Lectures on Technology Management & Entrepreneurship)

Valuation of Companies in Emerging Markets: A Practical Approach: 134 (Wiley Finance)

Rechnungswesenbasierte Verfahren der Aktienbewertung: Theoretische und empirische Untersuchung des Residualgewinnmodells

Estimating the Cost of Capital Implied by Market Prices and Accounting Data (Foundations and Trends (R) in Accounting)

Valuepack:Corporate Financial Management with Principles of Macroeconomics.

Valuepack:Corporate Financial Management with Financial Accounting and Reporting

Practical Financial Economics: A New Science

Sportaktien - eine lohnende Investition?

Perspectives, Trends, and Applications in Corporate Finance and Accounting (Advances in Finance, Accounting, and Economics)

Strategische Ausschüttungspolitik deutscher Aktiengesellschaften: Dividendenstrategien im Kapitalmarktkontext

Advances in Financial Planning and Forecasting: Vol 10

Global Equity Selection Strategies

Strategisches Portfoliomanagement als Aufgabenfeld des Konzern-Controllings: Risiko- und erfolgsorientierte Evaluierung der Kapitalallokation im Kontext der Corporate Strategy

Unternehmensbewertung und Marktpreisfindung: Zur Mikrostruktur des Kapitalmarktes

Applied Equity Analysis and Portfolio Management: Tools to Analyze and Manage Your Stock Portfolio, + Online Video Course (Wiley Finance)

Tidy Finance with R (Chapman & Hall/CRC The R Series)

Corporate Finance and Investment: Decisions and Strategies

Frontier Emerging Equity Markets Securities Price Behavior and Valuation

Advanced Stocks Analysis - A Fundamentalist Approach: The Ultimate Wall Street Manual (The Money Mentor Series: Learn Financial Planning & Master Stocks Analysis)