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  • S&P 500 & Sectors: ROIC vs. WACC Through 1Q21 - Seeking Alpha

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    The article analyzes the return on invested capital (ROIC) versus weighted average cost of capital (WACC) for the S&P 500 sectors based on financial data from the first quarter of 2021. It finds that the Technology, Basic Materials, Consumer Non-cyclicals, and Healthcare sectors saw improved ROIC year-over-year. The analysis examines drivers of economic earnings like net operating profit after-tax margin, invested capital turns, and WACC for each sector.

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    S&P 500 & Sectors: ROIC Vs. WACC Through 1Q21 | Seeking Alpha

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    The article analyzes the return on invested capital (ROIC) versus weighted average cost of capital (WACC) for the S&P 500 sectors based on financial data from the first quarter of 2021. It finds that the Technology, Basic Materials, Consumer Non-cyclicals, and Healthcare sectors saw improved ROIC year-over-year. The analysis examines drivers of economic earnings like net operating profit after-tax margin, invested capital turns, and WACC for each sector.

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    13 views37 pages

    S&P 500 & Sectors: ROIC vs. WACC Through 1Q21 - Seeking Alpha

    Uploaded by

    Owm Close Corporation
    The article analyzes the return on invested capital (ROIC) versus weighted average cost of capital (WACC) for the S&P 500 sectors based on financial data from the first quarter of 2021. It finds that the Technology, Basic Materials, Consumer Non-cyclicals, and Healthcare sectors saw improved ROIC year-over-year. The analysis examines drivers of economic earnings like net operating profit after-tax margin, invested capital turns, and WACC for each sector.

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    © All Rights Reserved
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    of 37

    S&P 500 & Sectors: ROIC Vs.

    WACC Through 1Q21 | Seeking Alpha 2021/06/09, 17*22

    Today's Market

    S&P 500 And Sectors: ROIC Vs.


    WACC Through 1Q21
    Jun. 09, 2021 9+00 AM ET | 1 Like

    David Trainer
    Marketplace Bio

    Summary
    The Technology, Basic Materials, Consumer Non-cyclicals, and
    Healthcare sectors saw an improvement in ROIC year-over-year (YoY)
    based on 1Q21 financial data.

    This report analyzes the drivers of economic earnings (ROIC, NOPAT


    margin, invested capital turns, and WACC) for the S&P 500 and each of
    its sectors.

    In this report, our research is based on the latest audited financial data,
    which is the calendar 1Q21 10-Q for most companies. Price data is as of
    5/19/21.

    Looking for a helping hand in the market? Members of Value Investing 2.0
    get exclusive ideas and guidance to navigate any climate. Learn More »

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    This article was written by

    David Trainer
    14.18K Followers

    Author of Value Investing 2.0


    Best fundamental research: most rigorous long & short ideas

    Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate
    any positions within the next 72 hours. I wrote this article myself, and it expresses
    my own opinions. I am not receiving compensation for it. I have no business
    relationship with any company whose stock is mentioned in this article.

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