Cash Return on Capital Invested
Ten Years of Investment Analysis with the CROCI Economic Profit ModelBy
- Pascal Costantini
Primary audience: Investment Professionals, specifically equity analysts, both on the buy side (working in investment management firms) and on the sell side (working in investment banks), and portfolio managers.
Hardbound, 248 Pages
Published: May 2006
Imprint: Butterworth Heinemann
"Costantini distills the apparently arcane art of company valuation into common sense. The book is always accessible, is pleasingly iconoclastic, and is liberally studded with gems of his dry and often self-deprecating humour. In a financial world where investment performance is measured on timescales that increasingly bear no resemblance to corporate investment horizons, this should be required reading as a reality check for every analyst and fund manager--preferably before they reach full-time employment." -- Tom Bannatyne, Chairman, Tudor Capital (UK) LP