1Q20 Results Discussion
Capital allocations
How we evaluate investment performance
ROIC, MOIC and IRR combination is the key decision making matrix
MOIC and IRR at GCAP level
Money multiples. We want to know achievable money multiples
with all acquisitions and analyze them in combination with the
expected IRR.
MOIC and IRR combination. Targeting to have a combination
of high MOIC and high IRR.
Realised and unrealised MOICs are equally important
for us.
GEORGIA
CAPITAL
ROIC for financing projects and reinvestment
at portfolio companies' level
ROIC. We measure our expected return on the total invested capital at
each portfolio company level.
Different yields will be appropriate for different
industries, US$ dollar and Lari businesses
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