Gavekal Capital: How Capitalizing Intangibles Affects Intuit's Profitability Ratios

Friday, December 12, 2014

How Capitalizing Intangibles Affects Intuit's Profitability Ratios

GaveKal Capital’s Eric Bush runs our intangible-adjusted analysis on Intuit - a heavy intangible investor at nearly 28% of sales - and finds that proper accounting for the company’s investments reveals a much more realistic view of the firm’s financials.

About Gavekal Capital

Gavekal Capital is a US registered investment advisory firm that manages the Gavekal Knowledge Leaders Strategy. Knowledge Leaders are a group of the world’s leading innovators with deep reservoirs of intangible capital. These companies often possess competitive advantages such as strong brand, proprietary knowledge or a unique distribution mechanism. Knowledge Leaders are largely service-based and advanced manufacturing businesses, often operating globally. Gavekal Capital seeks to identify the world’s leading knowledge companies through a proprietary process that analyzes corporate knowledge investments.
We offer the Gavekal Knowledge Leaders Strategy in multiple products for global investors. For more information about our product offerings please visit http://www.gavekalcapital.com.
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