|
||||||||||||||||||||
|
||||||||||||||
Net Operating Profits Less Adjusted Taxes (NOPLAT)
NOPLAT (Net Operating Profits Less Adjusted Taxes): represents the profits generated from a company's core operations after subtracting the income taxes related to the core operations. NOPLAT is often used as an input in creating discounted cash flow valuation models. For Example: 1. FCF (free cash flow) = NOPLAT - Net Investment 2. ROIC (return on invested capital) = NOPLAT / Invested Capital |
The Shelf
|