CII Spring Meeting Attendees:

 

You are invited to a session hosted by EVA Dimensions, LLC. Please join us for an informative and interactive discussion. 

 

Date:     Tuesday, March 22, 2016

 

Time:     4:00 P.M. – 5:30 P.M.

 

Location:  Mandarin Oriental, 1330 Maryland Avenue, SW, Washington, DC 20008

 

Room:  Gallery Room

 

Speakers:  Bennett Stewart, CEO EVA Dimensions, LLC.

 

What’s wrong with TSR, and How to Fix It? Presented by Bennett Stewart, CEO, EVA Dimensions TSR – total shareholder return – has become a key metric in judging corporate performance and pay alignment, if not the most important. But its flawed, argues Bennett Stewart. “It looks great for crummy companies that have rebounded from depressed valuations, and leverage inflates it, distorting comparisons. TSR is also silent about how to increase TSR, and doesn’t work well as an incentive metric.” A search is underway for a metric that can confirm and explain TSR when its right, and challenge it when it’s not. Enter CPI, for the Corporate Performance Index. It’s based on a 4 panel health test that reliably, and understandably, rates the totality of corporate performance from a shareholder point of view. Best of all, it’s available for over 20,000 global tickers in a free on-line tool, at pub.evadimensions.com/cpiexpress. Come explore the pitfalls in TSR, and in EPS, EBITDA, ROI, even cash flow, and find out why CPI is the best way to complement TSR and back up governance opinions with irrefutable facts. It’s more than a little food for thought.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Alan Slatas

Executive Vice President

EVA Dimensions LLC

15 Watersedge Court

Locust Valley NY 11560

617-962-3201 (cell)

www.evadimensions.com

 

EVA—“economic value added”—is a special way to measure profit that is better than all others; it measures profit after setting aside a priority return for all investors, including shareholders, and after making adjustments to repair bookkeeping distortions.  EVA consolidates income efficiency, asset management, profitable growth and strategic retrenchment into a single net profit score, and it automatically discounts to the exact same “Net Present Value” as cash flow does, but with more clarity, accountability, and insight.

 

EVA Dimensions has transformed EVA into a complete ratio-based management and valuation framework under the banner of EVA Momentum, which is a special way to measure the growth rate in economic profit.  The new Momentum measure accurately consolidates overall improvements in business model productivity and the pace of profitable growth, and it unfolds in steps to reveal all the underlying factors that managers can use to improve performance and increase shareholder value and drive total shareholder return.  The new EVA ratios replace other ratio indicators – such as profit margins, growth rates and return on investment -- with a management framework that is simpler to understand, more informative, and more inherently value-based.

 

EVA Dimensions’ software tools, global data bases, and valuation and stock rating models, coupled with its training and support services, provide corporate clients with better techniques to increase shareholder value and institutional fund managers an edge in earning alpha.