## Return on Capital

here e=EBIT,t=Tax Rate),c=Invested Capital

## $$\frac{e[1-t]}{c}$$

Return on capital (ROC) is a ratio used in finance, valuation, and accounting. The ratio is estimated by dividing the after-tax operating income (NOPAT) by the book value of invested capital.

ENTER THE VARIABLES TO BE USED IN THE FORMULA