Mader Group Limited (“Mader Group” or “Mader”), per its Fiscal Year (FY) 2022 Annual Report, “… is a leading global provider of specialist technical services across multiple industries.
Yes, I'm a huge fan of John Huber's work. His posts about ROIC and how to calculate it changed my life.
I read and have been thinking about Michael Mauboussin's recent update to his ROIC framework and accounting for intangible assets as part of invested capital. It's a slog because I'll have to do it manually and I still haven't figured out if my approach to estimating them is close to accurate so I'm sticking to Mr. Huber's framework for now.
Thanks for taking the time to read my writing. It means a lot.
Excellent value-add on the valuation. Seems like you have followed John Huber's approach to ROIC x reinvestment rate! Love it.
Yes, I'm a huge fan of John Huber's work. His posts about ROIC and how to calculate it changed my life.
I read and have been thinking about Michael Mauboussin's recent update to his ROIC framework and accounting for intangible assets as part of invested capital. It's a slog because I'll have to do it manually and I still haven't figured out if my approach to estimating them is close to accurate so I'm sticking to Mr. Huber's framework for now.
Thanks for taking the time to read my writing. It means a lot.