Hi, Dave! Great article. In Brazil, the concept of "ROIC vs. WACC" is still in its infancy. Investors, especially individual investors, don't pay attention to this crucial metric. We've developed a platform for studying and analyzing Brazilian companies, focusing on developing a method for analyzing value generation. It's much better than earnings per share and other common and ineffective indicators.

I'd like to invite you to see this analysis of Ambev (ABEV3 - ABEV): apolovalueinvesting.com…