For all you valuation junkies, here is a new Mauboussin report focusing on ROIC and intangibles. I haven't read through it yet, but I wanted to share it with the community so they can enjoy it.

[https://www.morganstanley.com/im/publication/insights/articles/article_roicandintangibleassets_us.pdf?1668011473763](https://www.morganstanley.com/im/publication/insights/articles/article_roicandintangibleassets_us.pdf?1668011473763)

I should be a valuation nerd but I’m not lol

Christian

ATTN: Valuation Nerds

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