With regard to investing, and whether you should invest in a particular company (here refering to publicly traded companies and the stock market).
There are five numbers that we have to look at to determine whether a business has a Moat.
- Return on Invested Capital (ROIC); and thegrowth rates for
- EQUITY
- EPS
- SALES
- FREE CASH
Rule #1 Blog: Phil Town on Investing: THE BIG FIVE, NAHMEAN