Hi seniors,
Does that mean EVA=ROCE-WACC. Can you share where can I get EVA data, quarterly or yearly for Indian companies. If I assume WACC to be flat 15% then any company having ROCE> 15% would generate +ve EVA. Is that correct way of thinking. Also why is it that cost of debt is 9-10% and cost of equity is 15-18%. This will encourage to take huge debt as co can show +EVA as WACC will be lower than ROCE.
I am a learner thus getting bit confused
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