This ratio helps you find quality companies (companies with a moat) that generate a consistent return on invested capital (ROIC) - We call it ROIC Quality
The operating cash flow to capital expenditure (Capex) ratio helps you find companies where the business generates more than enough cash to pay for its capital spending needs.
We just added a market sector dashboard to the Quant Investing Screener. Use it to see what market sectors (utilities, REIT’s, financial and bonds) are doing in terms of momentum.
Looking for a free cash flow quality measure? If so Free Cash Flow Score that we just added to the Quant Investing screener can help you. It combines Free cash flow growth with free cash flow stability.