OPEN-SOURCE SCRIPT
Mis à jour Economic profits (ROIC-WACC)
Fundamental Chart
quantifying a competitive advantage
Economic profits (EP) measures the spread between
a firms return on invested capital and weighted average cost of capital.
Companies that have a positive EP means that the firm generates a higher
return then it cost to raise the capital required for investment.
a company that can maintain a an positive excess EP will see its value
increase as growth increases and vice versa.
EP can be used as a quantitative measure, indicating a durable competitive advantage.
best used as a comparable metric within an industry group.
As in most case when analyzing historic fundamentals, consistency is paramount.
as well as future expectations.
notes on code:
- average TTM ROIC TTM
- Coast of equity uses CAPM
- 6% required rate of return (option to change as desired)
- Value of equity, market value
- Value of debt, book value (due to limitations)
- risk free rate, US10Y
1st published scrip, let me know what you think in the comments.
quantifying a competitive advantage
Economic profits (EP) measures the spread between
a firms return on invested capital and weighted average cost of capital.
Companies that have a positive EP means that the firm generates a higher
return then it cost to raise the capital required for investment.
a company that can maintain a an positive excess EP will see its value
increase as growth increases and vice versa.
EP can be used as a quantitative measure, indicating a durable competitive advantage.
best used as a comparable metric within an industry group.
As in most case when analyzing historic fundamentals, consistency is paramount.
as well as future expectations.
notes on code:
- average TTM ROIC TTM
- Coast of equity uses CAPM
- 6% required rate of return (option to change as desired)
- Value of equity, market value
- Value of debt, book value (due to limitations)
- risk free rate, US10Y
1st published scrip, let me know what you think in the comments.
Notes de version
Fundamental Chartquantifying a competitive advantage
Economic profits (EP) measures the spread between
a firms return on invested capital and weighted average cost of capital.
Companies that have a positive EP means that the firm generates a higher
return then it cost to raise the capital required for investment.
a company that can maintain a an positive excess EP will see its value
increase as growth increases and vice versa.
EP can be used as a quantitative measure, indicating a durable competitive advantage.
best used as a comparable metric within an industry group.
As in most case when analyzing historic fundamentals, consistency is paramount.
as well as future expectations.
notes on code:
- average TTM ROIC TTM
- Coast of equity uses CAPM
- 6% required rate of return (option to change as desired)
- Value of equity, market value
- Value of debt, book value (due to limitations)
- risk free rate, US10Y
1st published scrip, let me know what you think in the comments.
Script open-source
Dans l'esprit de TradingView, le créateur de ce script l'a rendu open-source, afin que les traders puissent examiner et vérifier sa fonctionnalité. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Script open-source
Dans l'esprit de TradingView, le créateur de ce script l'a rendu open-source, afin que les traders puissent examiner et vérifier sa fonctionnalité. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.