Trends come and go, but the shortest path to capital growth is through the fundamental tenets of value. Focus on Value: A Corporate and Investor Guide to Wealth Creation follows this principle by applying up-to-date research and recent discoveries in finance to time-tested techniques for estimating return based on: economic profit, invested capital, cost of capital, enterprise valuation, and much more.

Filled with expert advice and unparalleled insights, this powerful resource provides managers and investors alike with a strategic look at how key economic profit factors determine company stock performance.

TABLE OF CONTENTS

About the Authors
Preface

1 Reenergizing Economic Profit
2 The Tribes of Economic Profit
3 Basic Economic Profit Link to Valuation
4 Economic Profit View of Indexing and Equity Styles
5 Debunking Equity Style Fundamentals
6 Economic Profit Approach to Enterprise Valuation
7 Estimating the Return on Invested Capital
8 Economic Profit and the Cost of Capital
9 External Influence on Economic Profit
10 Strategic Role of Invested Capital Growth
11 Reconciling Market Implied Growth Expectations

Index