Free cash flow yield can be an underutilized metric for value investors. Ratios like the PE ratio and price/book can be more popular among investors, but both have significant drawbacks,…
Tag: Free Cash Flow
Finding Alpha Using Revenue, Cash Conversion and Free Cash Flow
“Like it or not, companies are judged by flawed standards,” according to a recent CFA Institute article that outlines several areas where GAAP revenue recognition “can hit a snag and…
Manager Looks at Free Cash Flow to Beat the Market
Sandy Rufenacht, of Aquila Three Peaks, takes an intensive look at companies before investing, looking especially at their free cash flow over the next 12 months and their relationship with…