I have to believe the reason that Canada and Australia have very low return on equity and thus a lower return on Capital versus cost of capital is due to their Industries being heavily biased towards mining add Industries with high depreciation. Would like to see an adjusted metric using cash flow. Also notice Australian New Zealand's low return on Capital despite having one of the best performing stock market historically
I have to believe the reason that Canada and Australia have very low return on equity and thus a lower return on Capital versus cost of capital is due to their Industries being heavily biased towards mining add Industries with high depreciation. Would like to see an adjusted metric using cash flow. Also notice Australian New Zealand's low return on Capital despite having one of the best performing stock market historically
Sir the case link is not working, if there's any alternative please provide. Thanks for all the resources loving your course.