Growth quality
Fundamental analysisWhether growth is funded at returns above the cost of capital and converted into cash.
In plain terms
Earnings rising every year while capital earns 8% against a 12% cost is value destruction with a nice chart.
Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
Showing 1 term
Whether growth is funded at returns above the cost of capital and converted into cash.
Earnings rising every year while capital earns 8% against a 12% cost is value destruction with a nice chart.