Definitions for "economic value added"
Keywords:  eva, nopat, stewart, stern, roce
EVA. The monetary value of an entity at the end of an time period minus the...
Difference between ROCE and cost of capital, multiplied by capital employed. If EVA is positive, returns are higher than the cost of capital
A financial performance measurement developed by Stern Stewart & Company that gauges the creation of shareholder wealth, and evaluates tradeoffs in opportunity costs, by determining net operating profit after taxes minus (capital times the cost of capital).
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A method of performance evaluation that adjusts accounting performance with a charge reflecting investors' required return on investment.