CROIC Screen

Profitability Based Value Stock Screen

This screen is designed to identify turnaround stocks by searching for companies where CROIC has been increasing for 3 years.

CROIC and ROIC are ratios to determine the profitability and effectiveness of a company.

CROIC = FCF/Invested Capital

ROIC = NOPAT/Invested Capital

CROIC uses FCF in the calculation which is a safer and better method to understand management effectiveness.

Read more: CROIC and ROIC stock screen backtest