Background Note | HBS Case Collection | 2002 (Revised from original 2000 version)

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, July 2002. (Revised from original August 2000 version.)