[Pull Time]Follow Akre Capital Management in Selecting High ROIC Stocks
Akre Capital Management LLC ranked #4 out of 483 Hedge Fund Managers.
By Tiger Picks
The top 5 holdings of Akre Capital Management Llcs are $MasterCard(MA)$ , $Moody's(MCO)$ , $American Tower(AMT)$ , $Visa(V)$ , $O'Reilly(ORLY)$ .
From TipRanks
According to their creteria for superior business, you can see that ROIC tops the 10 lists.
1. ROIC Definition
Return on invested capital (ROIC) is a calculation used to determine how well a company allocates its capital to profitable projects or investments.
ROIC Formula from wallstreetmojo.com
Seen another way, ROIC is the amount of money a company makes that is above the average cost it pays for its debt and equity capital.
An ROIC higher than the cost of capital means a company is healthy and growing, while an ROIC lower than the cost of capital suggests an unsustainable business model.
2.10 lists based on two criteria connects to ROIC and Fwd P/E
ROIC 25%+
Fwd P/E below 20
10 lists based on two criteria connects to ROIC and Fwd P/E | ||||||
Stock | ROIC | Fwd PE | Market Cap | Current Price | YTD 2023 | |
1 | 27% | 12x | $243.715B | $138.04 | -14.58% | |
2 | 43% | 19x | $119.767B | $143.17 | 47.02% | |
3 | 45% | 18x | $287.89B | $287.87 | -8.86% | |
4 | 26% | 19x | $38.572B | $188.62 | -18.55% | |
5 | 29% | 17x | $109.774B | $442.46 | -9.05% | |
6 | 102% | 8x | $706.276M | $63.34 | -43.79% | |
7 | 46% | 12x | $133.671B | $120.1 | 9.24% | |
8 | 42% | 15x | $19.143B | $388.85 | -17.1% | |
9 | 29% | 15x | $119.227B | $139.95 | -19.49% | |
10 | 48% | 10x | $9.463B | $147.52 | 28.37% | |
3. Questions for Tigers
Which stock you would like to spend more time to know its potential?
Do you own any of the above stocks?
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