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Analysis & Valuation Tools

Castle with a beatiful moat

What is a moat?

When Jensen Huang dimmed the lights at Nvidia’s annual GTC conference this spring, the audience expected silicon. Instead they got software: one slide, eight minutes, and 900 brightly colored rectangles, each a library inside CUDA. “A long time ago,” Huang said, “this slide was all we had.” In 2004

Financial Analysis on a screen with histograms

ROIIC: The most important financial metric you've probably never heard of

Return on Invested Capital (ROIC) is used A LOT to judge how effectively a company has turned past investment into profit. Yet it is the marginal—or incremental—ROIC (often abbreviated ROIIC - Return on Incremental Invested Capital) that decides whether the next round of capital deployed will compound value.