for my understanding,I think ROA is (EBIT/sale)*(sale/asset),but ROE should be consider about the return on equity which is equals to EPS/book value of equity.Don't know is that right?Hoepfully it can give some roughly idea about that!
ROA is EBIt(1-t)/ book value of asset r is tax rate
ROE is net income/ book value of equity
roughly, net income =(Ebit--interest expense)(1-t)
it is not easy formular above~~~
I see.
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