Use this calculator to estimate the current, or past, return on equity (ROE) for a
firm's operating assets.
This version of ROE only looks at the equity capital invested in operating assets.
It will include capitalised intangibles, but take out cash, other investments, and goodwill.
Enter inputs below and click the Calculate button.
Make sure your units are consistent (millions, billions, etc.)
|Equity, total, book value|
|Cash and cash equivalents|
|Intangible assets capitalised|
|Intangible net CapEx|
|EBIT, excluding non-underlying items|
|Marginal tax rate, %|
|Invested equity, operating assets|
|Net income after tax (NIAT)|
|Return on equity (ROE), %|