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About The ROE and ROIC, use this relation:

ROIC = ROE ÷ (1 + D/E)

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Thanks . Need to revisit these identities

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I linked to your post my weekly Monday emerging markets links roundup: https://emergingmarketskeptic.substack.com/p/emerging-markets-week-september-30-2024

For better or for worse, I have owned INFY for about 20 years...

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Thank you

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