Sentences with phrase «on tangible capital»

They are valued at 22.0 x and 26.1 x earnings, respectively, with high return on tangible capital but low growth.

Profits were a return on tangible capital investment and current expenses on labor, raw materials and other inputs.

And if you read through Buffett's letters it's very clear that is looking for businesses that are in high returns on tangible capital and I described that is every business needs working capital, every business needs fixed assets, how well does it convert its working capital and fixed assets into earnings?

So we hired a computer analyst that could help us you know mine through data and we came up with some very simple metrics for good, you know, what's a good business, and if you read through Buffett's letters, it's very clear, he is looking for businesses that earn high returns on tangible capital.

Not exact matches

Since the financial crisis, regulators have intensely focused on capital and now require higher levels for all financial institutions; increasing our capital and capital distribution is a tangible sign of our financial strength.

Some Prefatory Remarks to the N.Y.U. Real Estate Institute discussion, Oct. 25, 2001 Economic theory focuses on labor and capital, yet the largest category of tangible assets is not industrial plant and machinery earning profits, but real estate, and its primary objective is to make capital gains.

If our asset and liability values are appropriate — and we believe they are — and if we can continue to deploy this capital profitably, we now think that it can earn approximately 17 % return on tangible equity for the foreseeable future.

In a Capital Tonight interview on Wednesday, Sen. David Carlucci, a founding IDC member, reiterated the conference's desire to, above all, get tangible accomplishments.

Joel Greenblatt develops a «magic formula» that uses return on capital (ROC)(namely, EBIT / Tangible Capital) as a key metric to select quality value capital (ROC)(namely, EBIT / Tangible Capital) as a key metric to select quality value Capital) as a key metric to select quality value stocks.

Interesting and sometimes compelling idea that may be very illiquid, may be a probability bet with a favourable asymmetrical reward to risk ratio, or may simply be a low quality business that is very cheap relative on a net - net working capital or price / tangible book value basis.

Small companies with rapid growth and long term growth potential, capital efficiency (unusually high return on tangible net assets), a safe balance sheet and a reasonable valuation.

[NB: i) Church House's Argo stake is held by the Deep Value Investments Fund, managed by Jeroen Bos — if you haven't read it already, I can highly recommend his recent book «Deep Value Investing», ii) XXX Capital Management is a well - known European hedge fund, which hasn't publicly disclosed a holding in Argo to date, hence the redaction — Argo management are obviously aware of their shareholding & support, and iii) the letter was based on a GBP 14p share price & a higher GBP / USD rate — at the current 13.875 p price and exchange rate, Argo now trades at a 36 % discount to net cash and investments, and a 47 % discount to net tangible assets.]

Again, capital gains taxes can apply on investments, such as stocks or bonds, real estate — though usually not your home — cars, boats and other tangible items.

Outerwall has historically produced high returns on capital, and it's a business that doesn't need much tangible capital to produce huge amounts of cash flow (an attractive business), but it has been run similar to companies that get purchased by private equity firms — leverage up the balance sheet, issue a dividend (or buyout some shareholders), thus keeping very little equity «at risk».

As Gary S. Becker once nicely alluded to: «such tangible forms of capital are not the only type of capital -LRB-...) economists regard expenditures on education, training, medical care, and so on as investments in human capital.