Example: tourism industry
Aswath Damodaran Investment Valuation Second
Found 2 free book(s)
Return on Capital (ROC), Return on Invested Capital (ROIC ...
people.stern.nyu.eduthe second part of the paper, we will look at both accounting and cash flow based measures of returns and the advantages and disadvantages of both. ... 1 This link is discussed more fully in chapter 11 of Investment Valuation, Aswath Damodaran, John Wiley and Sons, Second Edition. 7 Accounting Returns
Estimating Risk free Rates Aswath Damodaran Stern School ...
people.stern.nyu.eduAswath Damodaran Stern School of Business 44 West Fourth Street New York, NY 10012 ... and the characteristics such a security needs to possess. The second applies when there are no risk free assets, and examines how best to estimate a risk free ... For an investment to be risk free in this environment, then, the actual ...