Background Note | HBS Case Collection | August 2000 (Revised July 2002)

Fundamental Enterprise Valuation: Return on Invested Capital (ROIC)

by Carliss Y. Baldwin

Abstract

A technical note that defines return on invested capital (ROIC).

Keywords: Valuation; Business Ventures; Capital;

Citation:

Baldwin, Carliss Y. "Fundamental Enterprise Valuation: Return on Invested Capital (ROIC)." Harvard Business School Background Note 801-125, August 2000. (Revised July 2002.)