"What it does show however is that over time WOW have allocated capital in a more judicious manner, surely you can't deny this fact" ? I agree they have Stefanis.
your not investing in goodwill your investing to recieve a cashflow from operating assets (forecast the return on coles). goodwill is a balance between original costs and aqcuisitional cost, it doesn't change the quality of the operational assets.
do your calc - goodwill it should be alot higher for wes. Which will show true performance of assets.
Although wow is a better performer i forecast it's roc to drop this year to about 19% . key is to watch roc and roa(operating assets) relative to wacc, with wow wacc being around 9%. 9% being the line in the sand :)
wow vs wes roic, page-5
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Last
$29.85 |
Change
0.210(0.71%) |
Mkt cap ! $36.46B | |||
| Open | High | Low | Value | Volume |
| $29.73 | $30.00 | $29.70 | $56.28M | 1.873M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7 | $29.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $29.97 | 7929 | 1 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| WOW (ASX) Chart |