FCF

JRshoe1997

I said that as a fun fact not as a reason I am not buying it. Here you want my reasons. P/E: 46 OVERPRICED Forward P/E: 38 OVERPRICED P/FCF: 56 OVERPRICED EV/EVITDA: 34 MASSIVELY OVERPRICED By every fundamental metric it’s overpriced. It’s also a pharmaceutical company meaning its revenue/earnings are dependent on a pipeline which is hard to predict. Thats another risk factor. Also it’s a foreign company which also adds an additional risk factor to it. So yeah I am very much not interested in owning it. Are you happy now and can you move on from the GDP thing since I just used it as a fun fact. However it also highlights an additional risk. There is nothing about this company that makes me want to touch it right now.

SwellsInMoisture

Scores about as I'd expect it to score. AMZN is far from a "value" company, though it's closer than it was in the past. Ticker Symbol: AMZN P/E: 64.41 P/E Rank: 40.86 P/S: 3.36 P/S Rank: 36.21 P/B: 9.57 P/B Rank: 14.46 P/FCF: 60.01 P/FCF Rank: 39.09 SHYield: 0.00% SHYield Rank: 32.88 EV/EBITDA: 23.48 EV/EBITDA Rank: 44.67 Overall Score: 208.16 6 month price momentum: 41.19%

SwellsInMoisture

Ticker Symbol: ON P/E: 13.63 P/E Rank: 77.79 P/S: 3.45 P/S Rank: 35.23 P/B: 3.65 P/B Rank: 33.53 P/FCF: 64.96 P/FCF Rank: 38.45 SHYield: 1.03% SHYield Rank: 49.03 EV/EBITDA: 9.21 EV/EBITDA Rank: 78.63 Overall Score: 312.67 6 month price momentum: -29.96%

SwellsInMoisture

Appreciate the comma separated list! Makes it easy to just copy/paste into my query script. GDX is an ETF, so that doesn't get included, but the rest are here. Ticker Symbol: LMT P/E: 16.35 P/E Rank: 72.64 P/S: 1.60 P/S Rank: 61.02 P/B: 15.82 P/B Rank: 10.39 P/FCF: 17.39 P/FCF Rank: 62.80 SHYield: 8.10% SHYield Rank: 90.84 EV/EBITDA: 12.33 EV/EBITDA Rank: 66.55 Overall Score: 364.24 6 month price momentum: 3.15% Ticker 'GDX' not found in the data. Ticker Symbol: HD P/E: 22.71 P/E Rank: 62.41 P/S: 2.23 P/S Rank: 48.11 P/B: 325.79 P/B Rank: 6.10 P/FCF: 18.93 P/FCF Rank: 60.77 SHYield: 4.79% SHYield Rank: 77.40 EV/EBITDA: 15.61 EV/EBITDA Rank: 57.18 Overall Score: 311.97 6 month price momentum: 15.04% Ticker Symbol: V P/E: 32.26 P/E Rank: 52.03 P/S: 16.62 P/S Rank: 10.98 P/B: 14.53 P/B Rank: 11.01 P/FCF: 28.99 P/FCF Rank: 49.65 SHYield: 2.94% SHYield Rank: 64.21 EV/EBITDA: 23.82 EV/EBITDA Rank: 44.48 Overall Score: 232.36 6 month price momentum: 17.09% Ticker Symbol: UNH P/E: 18.42 P/E Rank: 68.89 P/S: 1.09 P/S Rank: 73.56 P/B: 4.57 P/B Rank: 28.02 P/FCF: 15.77 P/FCF Rank: 65.53 SHYield: 3.42% SHYield Rank: 68.19 EV/EBITDA: 12.89 EV/EBITDA Rank: 64.88 Overall Score: 369.07 6 month price momentum: -16.20% Ticker Symbol: PEP P/E: 25.63 P/E Rank: 58.64 P/S: 2.53 P/S Rank: 44.25 P/B: 12.48 P/B Rank: 11.87 P/FCF: 29.16 P/FCF Rank: 49.40 SHYield: 3.54% SHYield Rank: 68.97 EV/EBITDA: 16.43 EV/EBITDA Rank: 55.17 Overall Score: 288.29 6 month price momentum: 3.37%

SwellsInMoisture

Ticker Symbol: PAA P/E: 12.71 P/E Rank: 79.94 P/S: 0.26 P/S Rank: 96.02 P/B: 1.53 P/B Rank: 65.44 P/FCF: 5.74 P/FCF Rank: 92.38 SHYield: 7.31% SHYield Rank: 88.80 EV/EBITDA: 10.66 EV/EBITDA Rank: 72.98 Overall Score: 495.56 6 month price momentum: 17.32% Ticker Symbol: ET P/E: 14.18 P/E Rank: 76.77 P/S: 0.66 P/S Rank: 85.26 P/B: 1.72 P/B Rank: 60.52 P/FCF: 8.01 P/FCF Rank: 84.46 SHYield: 8.38% SHYield Rank: 91.80 EV/EBITDA: 9.41 EV/EBITDA Rank: 77.91 Overall Score: 476.70 6 month price momentum: 12.06% Ticker Symbol: EPD P/E: 11.53 P/E Rank: 82.89 P/S: 1.27 P/S Rank: 69.03 P/B: 2.28 P/B Rank: 49.69 P/FCF: 14.50 P/FCF Rank: 67.57 SHYield: 7.56% SHYield Rank: 89.58 EV/EBITDA: 10.55 EV/EBITDA Rank: 73.35 Overall Score: 432.12 6 month price momentum: 6.14%

SwellsInMoisture

Ticker Symbol: AVGO P/E: 49.82 P/E Rank: 43.71 P/S: 16.03 P/S Rank: 11.20 P/B: 8.85 P/B Rank: 15.54 P/FCF: 33.86 P/FCF Rank: 45.95 SHYield: 3.82% SHYield Rank: 71.30 EV/EBITDA: 28.51 EV/EBITDA Rank: 41.95 Overall Score: 229.66 6 month price momentum: 53.69%

Cobra25k

Yeah, pretty interesting that such a high quality company and a compounding machine consistently trades around a 6% FCF yield. I thought it was super cheap as well until I saw that is basically inline with where it usually trades at.

nats13

I’ve been picking it up slowly this year as it just feels like it’s due for a upward correction based on non-AAPL, non-TSLA tech performance. AAPL fwd P/E of ~24 is on the low end of the Mag7, it has a shit load of cash to diversify its revenue stream should it choose to, and already has an AI “platform” with Siri which just needs some development attention. It’s an earnings and FCF beast, and even if iPhone sales are entering maturation period, as we’ve seen historically with wearables, they can and will innovate.

whiskeyinthejaar

Apple made like 100B in FCF last year. Can they buy a company at the size of Tesla if they want? Sure. Does it make sense? Absolutely not because it doesn’t fit the brand. By the end of the day, Tesla is a car company that at 4x industry premium would sell for $80/share.

Tendie_Tube

Salesforce's market cap dropped $14B today, which is greater than the $10.3B market cap of Informatica. So basically the market is treating this as if Benioff announced plans to set $14B on fire at the next Burning Man festival and assigned no value to Informatica, it's $260B in FCF, or even its billion dollars in cash and short term money on its balance sheet. This is what the dip looks like, folks.

SwellsInMoisture

Ticker Symbol: NVO P/E: 46.09 P/E Rank: 44.97 P/S: 12.50 P/S Rank: 13.08 P/B: 26.68 P/B Rank: 7.90 P/FCF: 34.94 P/FCF Rank: 45.17 SHYield: 2.40% SHYield Rank: 60.54 EV/EBITDA: 5.03 EV/EBITDA Rank: 93.14 Overall Score: 264.80 6 month price momentum: 25.97%

SwellsInMoisture

Ticker Symbol: LNTH P/E: 13.09 P/E Rank: 79.11 P/S: 3.21 P/S Rank: 37.34 P/B: 5.21 P/B Rank: 24.77 P/FCF: 16.11 P/FCF Rank: 65.00 SHYield: -0.14% SHYield Rank: 22.15 EV/EBITDA: 7.19 EV/EBITDA Rank: 85.89 Overall Score: 314.25 6 month price momentum: -10.64% Ticker 'LILY' not found in the data. Ticker Symbol: EXEL P/E: 35.24 P/E Rank: 49.96 P/S: 3.78 P/S Rank: 32.39 P/B: 3.05 P/B Rank: 38.91 P/FCF: 23.61 P/FCF Rank: 54.69 SHYield: 6.95% SHYield Rank: 87.71 EV/EBITDA: 31.21 EV/EBITDA Rank: 40.63 Overall Score: 304.28 6 month price momentum: 6.09%

SwellsInMoisture

While HCMLY does meet the criteria, I filter 5-character tickers ending in: ['W', 'R', 'P', 'Q', 'Y']. So, unfortunately, that's not part of this screen. Ticker Symbol: MO P/E: 8.99 P/E Rank: 89.65 P/S: 3.53 P/S Rank: 34.37 P/B: 10000.00 P/B Rank: 3.04 P/FCF: 7.96 P/FCF Rank: 84.58 SHYield: 11.11% SHYield Rank: 95.69 EV/EBITDA: 7.62 EV/EBITDA Rank: 84.23 Overall Score: 391.57 6 month price momentum: -3.55% Ticker Symbol: BUD P/E: 22.57 P/E Rank: 62.59 P/S: 1.74 P/S Rank: 57.80 P/B: 1.22 P/B Rank: 74.96 P/FCF: 11.99 P/FCF Rank: 73.21 SHYield: 2.33% SHYield Rank: 59.93 EV/EBITDA: 10.72 EV/EBITDA Rank: 72.81 Overall Score: 401.30 6 month price momentum: 7.55% Ticker 'HCMLY' not found in the data. Ticker Symbol: KHC P/E: 15.53 P/E Rank: 74.38 P/S: 1.64 P/S Rank: 60.03 P/B: 0.88 P/B Rank: 87.43 P/FCF: 14.71 P/FCF Rank: 67.21 SHYield: 5.51% SHYield Rank: 81.04 EV/EBITDA: 9.88 EV/EBITDA Rank: 76.06 Overall Score: 446.14 6 month price momentum: 10.79%

SwellsInMoisture

Ticker Symbol: MU P/E: 10000.00 P/E Rank: 17.15 P/S: 7.41 P/S Rank: 18.97 P/B: 3.09 P/B Rank: 38.62 P/FCF: 10000.00 P/FCF Rank: 16.40 SHYield: 0.38% SHYield Rank: 42.89 EV/EBITDA: 38.51 EV/EBITDA Rank: 38.90 Overall Score: 172.92 6 month price momentum: 74.51%

SwellsInMoisture

Ticker Symbol: CCL P/E: 55.88 P/E Rank: 42.23 P/S: 0.81 P/S Rank: 80.73 P/B: 2.72 P/B Rank: 42.69 P/FCF: 13.83 P/FCF Rank: 68.76 SHYield: -0.04% SHYield Rank: 25.51 EV/EBITDA: 10.02 EV/EBITDA Rank: 75.50 Overall Score: 335.42 6 month price momentum: 13.52% Ticker Symbol: NU P/E: 53.18 P/E Rank: 42.68 P/S: 7.55 P/S Rank: 18.62 P/B: 8.40 P/B Rank: 16.42 P/FCF: 6.11 P/FCF Rank: 91.32 SHYield: -0.02% SHYield Rank: 26.66 EV/EBITDA: 10000.00 EV/EBITDA Rank: 16.44 Overall Score: 212.14 6 month price momentum: 44.01% Ticker Symbol: IBM P/E: 22.44 P/E Rank: 62.81 P/S: 2.70 P/S Rank: 42.05 P/B: 7.40 P/B Rank: 18.01 P/FCF: 13.17 P/FCF Rank: 70.34 SHYield: 3.76% SHYield Rank: 70.78 EV/EBITDA: 14.95 EV/EBITDA Rank: 59.23 Overall Score: 323.21 6 month price momentum: 27.26%

SwellsInMoisture

Ticker Symbol: CSCO P/E: 14.76 P/E Rank: 75.60 P/S: 3.43 P/S Rank: 35.48 P/B: 4.25 P/B Rank: 29.43 P/FCF: 14.48 P/FCF Rank: 67.64 SHYield: 5.82% SHYield Rank: 82.78 EV/EBITDA: 10.34 EV/EBITDA Rank: 74.24 Overall Score: 365.16 6 month price momentum: -9.63% Ticker Symbol: HL P/E: 10000.00 P/E Rank: 17.15 P/S: 4.70 P/S Rank: 27.22 P/B: 1.65 P/B Rank: 62.17 P/FCF: 10000.00 P/FCF Rank: 16.40 SHYield: -1.09% SHYield Rank: 13.30 EV/EBITDA: 19.43 EV/EBITDA Rank: 48.73 Overall Score: 184.96 6 month price momentum: 37.99% Ticker Symbol: AMD P/E: 312.02 P/E Rank: 35.20 P/S: 11.63 P/S Rank: 13.65 P/B: 4.72 P/B Rank: 27.07 P/FCF: 235.35 P/FCF Rank: 34.00 SHYield: 0.27% SHYield Rank: 41.64 EV/EBITDA: 67.76 EV/EBITDA Rank: 35.76 Overall Score: 187.31 6 month price momentum: 50.75%

SwellsInMoisture

Ticker Symbol: RBLX P/E: 10000.00 P/E Rank: 17.15 P/S: 8.66 P/S Rank: 16.77 P/B: 317.47 P/B Rank: 6.13 P/FCF: 176.25 P/FCF Rank: 34.39 SHYield: -0.22% SHYield Rank: 20.47 EV/EBITDA: -22.80 EV/EBITDA Rank: 16.44 Overall Score: 111.36 6 month price momentum: 20.81%

Guido01

FUBO. Granted I'm only down like 1$ on my cost basis for shares. Still hoping for FCF in 2025 as planned!

SwellsInMoisture

Ticker Symbol: PGR P/E: 20.87 P/E Rank: 64.77 P/S: 1.84 P/S Rank: 55.45 P/B: 6.03 P/B Rank: 21.93 P/FCF: 11.49 P/FCF Rank: 74.49 SHYield: 1.45% SHYield Rank: 53.04 EV/EBITDA: 15.89 EV/EBITDA Rank: 56.43 Overall Score: 326.10 6 month price momentum: 42.36% Ticker Symbol: ACGL P/E: 7.75 P/E Rank: 93.10 P/S: 2.52 P/S Rank: 44.44 P/B: 1.92 P/B Rank: 56.51 P/FCF: 5.91 P/FCF Rank: 91.88 SHYield: 0.01% SHYield Rank: 38.06 EV/EBITDA: 9.31 EV/EBITDA Rank: 78.41 Overall Score: 402.39 6 month price momentum: 8.38% Ticker Symbol: MSFT P/E: 38.16 P/E Rank: 48.31 P/S: 13.77 P/S Rank: 12.29 P/B: 13.16 P/B Rank: 11.73 P/FCF: 46.48 P/FCF Rank: 41.81 SHYield: 1.27% SHYield Rank: 51.39 EV/EBITDA: 26.73 EV/EBITDA Rank: 42.76 Overall Score: 208.29 6 month price momentum: 26.92%

SwellsInMoisture

Ticker Symbol: ADSK P/E: 56.37 P/E Rank: 42.17 P/S: 9.31 P/S Rank: 15.77 P/B: 34.22 P/B Rank: 7.48 P/FCF: 39.54 P/FCF Rank: 43.46 SHYield: 1.29% SHYield Rank: 51.64 EV/EBITDA: 41.91 EV/EBITDA Rank: 38.34 Overall Score: 198.85 6 month price momentum: 11.15%

SwellsInMoisture

Man those F and CVS numbers... Crazy that they're flat the last 6. Ticker Symbol: F P/E: 11.73 P/E Rank: 82.36 P/S: 0.28 P/S Rank: 95.62 P/B: 1.17 P/B Rank: 77.00 P/FCF: 7.50 P/FCF Rank: 86.57 SHYield: 6.20% SHYield Rank: 84.57 EV/EBITDA: 14.60 EV/EBITDA Rank: 59.93 Overall Score: 486.04 6 month price momentum: 4.44% Ticker Symbol: CVS P/E: 10.61 P/E Rank: 85.27 P/S: 0.24 P/S Rank: 96.64 P/B: 1.16 P/B Rank: 77.35 P/FCF: 8.31 P/FCF Rank: 83.53 SHYield: 5.57% SHYield Rank: 81.41 EV/EBITDA: 8.38 EV/EBITDA Rank: 81.64 Overall Score: 505.84 6 month price momentum: -4.31% Ticker Symbol: WSO P/E: 30.85 P/E Rank: 53.07 P/S: 2.27 P/S Rank: 47.63 P/B: 7.39 P/B Rank: 18.08 P/FCF: 31.39 P/FCF Rank: 47.44 SHYield: 2.34% SHYield Rank: 60.10 EV/EBITDA: 19.76 EV/EBITDA Rank: 48.22 Overall Score: 274.53 6 month price momentum: 3.72% Ticker Symbol: COST P/E: 47.85 P/E Rank: 44.36 P/S: 1.30 P/S Rank: 68.20 P/B: 15.62 P/B Rank: 10.50 P/FCF: 52.30 P/FCF Rank: 40.49 SHYield: 2.86% SHYield Rank: 63.82 EV/EBITDA: 29.21 EV/EBITDA Rank: 41.61 Overall Score: 268.99 6 month price momentum: 32.26% Ticker Symbol: TSCO P/E: 24.27 P/E Rank: 60.50 P/S: 1.82 P/S Rank: 55.88 P/B: 12.30 P/B Rank: 12.01 P/FCF: 45.55 P/FCF Rank: 41.98 SHYield: 4.00% SHYield Rank: 72.33 EV/EBITDA: 16.60 EV/EBITDA Rank: 54.38 Overall Score: 297.09 6 month price momentum: 19.86% Ticker Symbol: HEI P/E: 62.79 P/E Rank: 41.19 P/S: 8.18 P/S Rank: 17.47 P/B: 8.12 P/B Rank: 16.75 P/FCF: 61.45 P/FCF Rank: 38.87 SHYield: 0.11% SHYield Rank: 39.68 EV/EBITDA: 34.86 EV/EBITDA Rank: 39.62 Overall Score: 193.59 6 month price momentum: 13.72% Ticker Symbol: JNJ P/E: 26.45 P/E Rank: 57.57 P/S: 3.82 P/S Rank: 32.02 P/B: 5.16 P/B Rank: 25.09 P/FCF: 19.47 P/FCF Rank: 59.87 SHYield: 0.86% SHYield Rank: 47.38 EV/EBITDA: 11.79 EV/EBITDA Rank: 68.66 Overall Score: 290.60 6 month price momentum: -5.54%

SwellsInMoisture

Hah, that makes more sense! Ticker Symbol: JACK P/E: 10.47 P/E Rank: 85.63 P/S: 0.70 P/S Rank: 84.18 P/B: 10000.00 P/B Rank: 3.04 P/FCF: 29.02 P/FCF Rank: 49.62 SHYield: 10.88% SHYield Rank: 95.44 EV/EBITDA: 13.62 EV/EBITDA Rank: 62.63 Overall Score: 380.54 6 month price momentum: -9.66%

SwellsInMoisture

ZVIA is $66M cap, so below the threshold. JIB seems to be a Canadian ETF - this avoids ETFs. Ticker Symbol: FCPT P/E: 21.72 P/E Rank: 63.61 P/S: 8.57 P/S Rank: 16.94 P/B: 1.70 P/B Rank: 60.94 P/FCF: 13.00 P/FCF Rank: 70.76 SHYield: -1.75% SHYield Rank: 12.27 EV/EBITDA: 17.11 EV/EBITDA Rank: 53.12 Overall Score: 277.64 6 month price momentum: 4.10% Ticker Symbol: O P/E: 41.30 P/E Rank: 46.71 P/S: 10.94 P/S Rank: 14.25 P/B: 1.19 P/B Rank: 76.09 P/FCF: 15.50 P/FCF Rank: 66.02 SHYield: -7.83% SHYield Rank: 7.64 EV/EBITDA: 18.46 EV/EBITDA Rank: 50.43 Overall Score: 261.15 6 month price momentum: 2.10% Ticker Symbol: ADC P/E: 33.06 P/E Rank: 51.33 P/S: 10.51 P/S Rank: 14.62 P/B: 1.12 P/B Rank: 78.76 P/FCF: 14.56 P/FCF Rank: 67.43 SHYield: -8.45% SHYield Rank: 7.17 EV/EBITDA: 20.07 EV/EBITDA Rank: 47.83 Overall Score: 267.14 6 month price momentum: 2.20% Ticker Symbol: JD P/E: 11.78 P/E Rank: 82.18 P/S: 0.23 P/S Rank: 96.95 P/B: 1.27 P/B Rank: 73.37 P/FCF: 10000.00 P/FCF Rank: 16.40 SHYield: 2.40% SHYield Rank: 60.52 EV/EBITDA: 0.63 EV/EBITDA Rank: 99.75 Overall Score: 429.15 6 month price momentum: -16.32% Ticker Symbol: BABA P/E: 12.98 P/E Rank: 79.43 P/S: 1.30 P/S Rank: 68.20 P/B: 1.25 P/B Rank: 74.04 P/FCF: 10000.00 P/FCF Rank: 16.40 SHYield: 1.43% SHYield Rank: 52.81 EV/EBITDA: 6.28 EV/EBITDA Rank: 89.25 Overall Score: 380.13 6 month price momentum: -18.79%

SwellsInMoisture

Ticker Symbol: BABA P/E: 12.98 P/E Rank: 79.43 P/S: 1.30 P/S Rank: 68.20 P/B: 1.25 P/B Rank: 74.04 P/FCF: 10000.00 P/FCF Rank: 16.40 SHYield: 1.43% SHYield Rank: 52.81 EV/EBITDA: 6.28 EV/EBITDA Rank: 89.25 Overall Score: 380.13 6 month price momentum: -18.79%

SwellsInMoisture

Here you go! Ticker Symbol: TSM P/E: 27.50 P/E Rank: 56.29 P/S: 10.36 P/S Rank: 14.67 P/B: 6.56 P/B Rank: 20.30 P/FCF: 60.41 P/FCF Rank: 39.01 SHYield: 1.51% SHYield Rank: 53.49 EV/EBITDA: 2.09 EV/EBITDA Rank: 98.21 Overall Score: 281.97 6 month price momentum: 54.91% Ticker Symbol: RKLB P/E: 10000.00 P/E Rank: 17.15 P/S: 7.46 P/S Rank: 18.79 P/B: 3.29 P/B Rank: 36.66 P/FCF: 10000.00 P/FCF Rank: 16.40 SHYield: -1.30% SHYield Rank: 12.94 EV/EBITDA: -11.84 EV/EBITDA Rank: 16.44 Overall Score: 118.37 6 month price momentum: -22.77% Ticker Symbol: RIVN P/E: 10000.00 P/E Rank: 17.15 P/S: 2.01 P/S Rank: 51.79 P/B: 0.97 P/B Rank: 84.25 P/FCF: 10000.00 P/FCF Rank: 16.40 SHYield: -0.69% SHYield Rank: 14.56 EV/EBITDA: -0.93 EV/EBITDA Rank: 16.44 Overall Score: 200.59 6 month price momentum: -52.87%

SwellsInMoisture

Ticker Symbol: JPM P/E: 11.27 P/E Rank: 83.53 P/S: 3.08 P/S Rank: 38.18 P/B: 1.77 P/B Rank: 59.49 P/FCF: 40.46 P/FCF Rank: 43.29 SHYield: 4.31% SHYield Rank: 74.24 EV/EBITDA: 10000.00 EV/EBITDA Rank: 16.44 Overall Score: 315.18 6 month price momentum: 25.07% Ticker Symbol: META P/E: 34.36 P/E Rank: 50.42 P/S: 9.67 P/S Rank: 15.39 P/B: 8.56 P/B Rank: 16.07 P/FCF: 29.76 P/FCF Rank: 48.84 SHYield: 1.83% SHYield Rank: 55.87 EV/EBITDA: 20.81 EV/EBITDA Rank: 46.82 Overall Score: 233.41 6 month price momentum: 56.15% Ticker Symbol: VRTX P/E: 28.55 P/E Rank: 55.11 P/S: 10.41 P/S Rank: 14.65 P/B: 5.81 P/B Rank: 22.43 P/FCF: 30.70 P/FCF Rank: 48.00 SHYield: 0.29% SHYield Rank: 41.75 EV/EBITDA: 20.55 EV/EBITDA Rank: 47.21 Overall Score: 229.15 6 month price momentum: 8.57% Ticker Symbol: GOOGL P/E: 27.17 P/E Rank: 56.83 P/S: 6.38 P/S Rank: 20.90 P/B: 6.94 P/B Rank: 19.32 P/FCF: 28.22 P/FCF Rank: 50.21 SHYield: 3.04% SHYield Rank: 65.25 EV/EBITDA: 18.77 EV/EBITDA Rank: 49.93 Overall Score: 262.45 6 month price momentum: 12.22% Ticker Symbol: PFE P/E: 71.95 P/E Rank: 39.96 P/S: 2.50 P/S Rank: 44.58 P/B: 1.64 P/B Rank: 62.43 P/FCF: 30.47 P/FCF Rank: 48.25 SHYield: 6.57% SHYield Rank: 86.33 EV/EBITDA: 18.14 EV/EBITDA Rank: 50.99 Overall Score: 332.55 6 month price momentum: -21.90% Ticker Symbol: PYPL P/E: 16.79 P/E Rank: 71.90 P/S: 2.29 P/S Rank: 47.42 P/B: 3.29 P/B Rank: 36.66 P/FCF: 16.11 P/FCF Rank: 65.00 SHYield: 6.69% SHYield Rank: 86.87 EV/EBITDA: 12.31 EV/EBITDA Rank: 66.68 Overall Score: 374.52 6 month price momentum: 11.23% Ticker Symbol: TSN P/E: 10000.00 P/E Rank: 17.15 P/S: 0.38 P/S Rank: 92.82 P/B: 1.11 P/B Rank: 79.22 P/FCF: 34.45 P/FCF Rank: 45.58 SHYield: 3.56% SHYield Rank: 69.14 EV/EBITDA: 13.90 EV/EBITDA Rank: 61.90 Overall Score: 365.81 6 month price momentum: 19.85% Ticker Symbol: QCOM P/E: 24.82 P/E Rank: 59.68 P/S: 5.27 P/S Rank: 24.17 P/B: 8.31 P/B Rank: 16.58 P/FCF: 19.33 P/FCF Rank: 60.00 SHYield: 3.01% SHYield Rank: 64.83 EV/EBITDA: 17.93 EV/EBITDA Rank: 51.30 Overall Score: 276.55 6 month price momentum: 54.15% I don't have a GitHub directory, but it's not a bad idea to create one! I've got a couple different ML-based financial modelling projects I've been tinkering on, but they're definitely not ready for sharing.

SwellsInMoisture

Ticker Symbol: AMZN P/E: 64.41 P/E Rank: 40.86 P/S: 3.36 P/S Rank: 36.21 P/B: 9.57 P/B Rank: 14.46 P/FCF: 60.01 P/FCF Rank: 39.09 SHYield: 0.00% SHYield Rank: 32.88 EV/EBITDA: 23.48 EV/EBITDA Rank: 44.67 Overall Score: 208.16 6 month price momentum: 41.19%

SwellsInMoisture

The list of stocks is downloaded from the SEC here: https://www.sec.gov/file/company-tickers The market cap, P/E, P/S, P/B, P/FCF, and Dividend Yield are downloaded from FinViz.com. The EV/EBITDA, Repurchase of Common Stock, and Sale of Common Stock are downloaded from Yahoo Finance. Basically, grab the list of stocks from the SEC (9000+) and then iterate through those two websites, appending that data into a dataframe and then filtering/manipulating after it's completed. The whole process takes around 90 minutes. I have not tried this with forward P/E, but that's a good idea. I don't have the data repository to execute back-testing, so it'd be flying pretty blind. The logic still holds, so it's worth a shot!

SwellsInMoisture

Happy to explain! Not knowing where your understanding is right now, I'm going to err on the side of over-explaining, so I apologize in advance if this is basic for you! For the financial multiples, lower is better. A P/E of 10 is always preferred over a P/E of 100. If you were to own a part of a company that made you $1 every year, would your rather pay $10 for that $1 in earnings, or $100? Obviously, you'd rather pay $10, so we favor low P/E, P/S, P/B, P/FCF, and EV/EBITDA. For Shareholder Yield, higher is better. Would you rather be paid out 2% per year, or 0.2%? Shareholder Yield is a little more nuanced than that, because they may have zero dividend but perform large buy-backs, buying up 5% of the stock and reducing the float. After buybacks, there are fewer shares that represent ownership of the company yet the company has not lost any value, so the intrinsic value of each share is increased, effectively yielding the shareholder extra value, same as a dividend.

SwellsInMoisture

You got it! Ticker Symbol: TDOC P/E: 10000.00 P/E Rank: 17.15 P/S: 0.92 P/S Rank: 77.88 P/B: 1.02 P/B Rank: 82.40 P/FCF: 7.11 P/FCF Rank: 88.07 SHYield: -0.46% SHYield Rank: 16.21 EV/EBITDA: 61.58 EV/EBITDA Rank: 36.29 Overall Score: 318.01 6 month price momentum: -26.68% Ticker Symbol: TALK P/E: 10000.00 P/E Rank: 17.15 P/S: 3.92 P/S Rank: 31.41 P/B: 4.94 P/B Rank: 25.95 P/FCF: 10000.00 P/FCF Rank: 16.40 SHYield: -0.46% SHYield Rank: 16.27 EV/EBITDA: -21.07 EV/EBITDA Rank: 16.44 Overall Score: 123.61 6 month price momentum: 71.43% Ticker Symbol: DGX P/E: 17.17 P/E Rank: 71.30 P/S: 1.54 P/S Rank: 62.60 P/B: 2.26 P/B Rank: 50.13 P/FCF: 16.47 P/FCF Rank: 64.52 SHYield: 3.67% SHYield Rank: 70.12 EV/EBITDA: 10.80 EV/EBITDA Rank: 72.53 Overall Score: 391.19 6 month price momentum: 4.73% Ticker Symbol: GDRX P/E: 10000.00 P/E Rank: 17.15 P/S: 3.60 P/S Rank: 33.74 P/B: 3.53 P/B Rank: 34.54 P/FCF: 19.66 P/FCF Rank: 59.58 SHYield: 3.50% SHYield Rank: 68.72 EV/EBITDA: 40.85 EV/EBITDA Rank: 38.56 Overall Score: 252.30 6 month price momentum: 28.38% Ticker Symbol: LH P/E: 44.21 P/E Rank: 45.76 P/S: 1.34 P/S Rank: 67.11 P/B: 2.19 P/B Rank: 51.36 P/FCF: 19.79 P/FCF Rank: 59.40 SHYield: 6.26% SHYield Rank: 84.77 EV/EBITDA: 14.05 EV/EBITDA Rank: 61.36 Overall Score: 369.74 6 month price momentum: 2.92% DGX is the only one that looks interesting... Hell, only 2 of the 5 are profitable.

SwellsInMoisture

Ticker Symbol: PLBC P/E: 7.00 P/E Rank: 94.93 P/S: 2.42 P/S Rank: 45.56 P/B: 1.40 P/B Rank: 69.60 P/FCF: 6.45 P/FCF Rank: 90.18 SHYield: 2.92% SHYield Rank: 64.07 EV/EBITDA: 10000.00 EV/EBITDA Rank: 16.44 Overall Score: 380.79 6 month price momentum: 0.80% A very interesting case here. The EV/EBITDA is a blank, so it gets defaulted to 10000. If that is actually in error and it has a reasonable EV/EBITDA (a score of maybe 65 or 70), then it becomes a really good value stock with an overall score in the 430+ range. Further interesting is that the market completely doesn't care about it... moved 0.8% in the last 6 months when the market is up 17%. Not suuuper surprised because it's a microcap and has such low volume (about $200k daily average) that it's niche.

SwellsInMoisture

BUG is an ETF, so that gets culled automatically. For the rest: Ticker Symbol: CRWD P/E: 851.38 P/E Rank: 34.64 P/S: 24.46 P/S Rank: 9.77 P/B: 32.44 P/B Rank: 7.59 P/FCF: 79.50 P/FCF Rank: 37.10 SHYield: -0.11% SHYield Rank: 23.10 EV/EBITDA: 680.46 EV/EBITDA Rank: 32.96 Overall Score: 145.17 6 month price momentum: 64.20% Ticker Symbol: ADBE P/E: 45.29 P/E Rank: 45.25 P/S: 10.66 P/S Rank: 14.51 P/B: 13.89 P/B Rank: 11.29 P/FCF: 32.74 P/FCF Rank: 46.32 SHYield: 2.15% SHYield Rank: 58.72 EV/EBITDA: 27.63 EV/EBITDA Rank: 42.31 Overall Score: 218.40 6 month price momentum: -13.79% Ticker Symbol: ARM P/E: 1615.47 P/E Rank: 34.44 P/S: 44.21 P/S Rank: 8.71 P/B: 25.95 P/B Rank: 8.01 P/FCF: 160.54 P/FCF Rank: 34.61 SHYield: 0.00% SHYield Rank: 32.88 EV/EBITDA: 522.28 EV/EBITDA Rank: 33.04 Overall Score: 151.69 6 month price momentum: 131.04% Ticker Symbol: NKE P/E: 27.06 P/E Rank: 56.94 P/S: 2.69 P/S Rank: 42.16 P/B: 9.77 P/B Rank: 14.13 P/FCF: 22.42 P/FCF Rank: 56.45 SHYield: 4.27% SHYield Rank: 73.84 EV/EBITDA: 20.46 EV/EBITDA Rank: 47.30 Overall Score: 290.83 6 month price momentum: -6.74% Ticker Symbol: AMD P/E: 312.02 P/E Rank: 35.20 P/S: 11.63 P/S Rank: 13.65 P/B: 4.72 P/B Rank: 27.07 P/FCF: 235.35 P/FCF Rank: 34.00 SHYield: 0.27% SHYield Rank: 41.64 EV/EBITDA: 67.76 EV/EBITDA Rank: 35.76 Overall Score: 187.31 6 month price momentum: 50.75% Some of these P/Es amaze me. I'm just thinking back to when most everything was in the 12-20 range, and now we've got Nike at 27, Adobe at 45, and ARM at **1615**!!!

SwellsInMoisture

A whole lot of growth stocks here! Love most of these companies but they perform poorly in a "value" strategy. Ticker Symbol: PLTR P/E: 251.05 P/E Rank: 35.37 P/S: 22.54 P/S Rank: 10.03 P/B: 14.35 P/B Rank: 11.09 P/FCF: 71.96 P/FCF Rank: 37.58 SHYield: -0.44% SHYield Rank: 16.66 EV/EBITDA: 305.26 EV/EBITDA Rank: 33.38 Overall Score: 144.11 6 month price momentum: 26.51% Ticker Symbol: NVDA P/E: 73.88 P/E Rank: 39.85 P/S: 36.19 P/S Rank: 8.93 P/B: 50.56 P/B Rank: 7.11 P/FCF: 81.59 P/FCF Rank: 36.94 SHYield: 0.43% SHYield Rank: 43.35 EV/EBITDA: 63.51 EV/EBITDA Rank: 36.10 Overall Score: 172.28 6 month price momentum: 88.41% Ticker Symbol: ASML P/E: 44.73 P/E Rank: 45.45 P/S: 12.70 P/S Rank: 12.99 P/B: 25.46 P/B Rank: 8.06 P/FCF: 107.17 P/FCF Rank: 35.70 SHYield: 1.01% SHYield Rank: 48.87 EV/EBITDA: 38.81 EV/EBITDA Rank: 38.84 Overall Score: 189.92 6 month price momentum: 58.67% Ticker Symbol: AMAT P/E: 24.45 P/E Rank: 60.38 P/S: 6.53 P/S Rank: 20.54 P/B: 9.91 P/B Rank: 13.96 P/FCF: 22.41 P/FCF Rank: 56.52 SHYield: 1.98% SHYield Rank: 57.18 EV/EBITDA: 21.04 EV/EBITDA Rank: 46.65 Overall Score: 255.24 6 month price momentum: 46.19% Ticker Symbol: ANET P/E: 41.23 P/E Rank: 46.79 P/S: 14.47 P/S Rank: 11.76 P/B: 11.73 P/B Rank: 12.35 P/FCF: 42.40 P/FCF Rank: 42.59 SHYield: 0.06% SHYield Rank: 38.98 EV/EBITDA: 34.23 EV/EBITDA Rank: 39.71 Overall Score: 192.19 6 month price momentum: 41.36%

Jeff__Skilling

> You won't get the correct answer here. That's because most posters on this forum will give you answers that are trading at ATH, vs tickers that are trading below their peers across all of your relevant multiples (EV/EBITDA, P/OCF, FCF Yield, etc) for no explainable reason. Good example of this would have been CHK in late 2022 when they'd just emerged from BK and had almost no trading liquidity (despite owning top notch assets, with much lower midstream costs from reorg). Now they're the biggest publicly traded natural gas pure play on the NYSE / NASDAQ

MakingMoneyIsMe

I've always followed valuations and routinely lump sum invested near the bottom, very rarely catching a falling knife. You find more success in your entry point when you factor in things like the historicals such as Price to FCF and dividend yield. I also factor in RSI, and SMA before pulling the trigger. I only average down if lots happen to drop below their cost basis during market selloffs.

dancness

Everyone looks at depreciation expense and says sheesh. But these are bought and paid for assets. Meanwhile they are creating more IP to sell as part of normal business operations. At some point their expenses will decrease and they’ll start turning a profit. The real metric for success is 1. Positive EPS and 2. Positive FCF

WilliamBlack97AI

In $HITI (High Tide inc). I see it as a generational wealth opportunity for early investors in $HITI Nasdaq. With over 10% market share in Canada (about 20% by end of this year), FCF+, over 500 million in rapidly growing annual turnover, 1.3 million loyal members to its cannacabanaclub and owner of the top 3 CBD companies globally, I consider High tide inc currently very undervalued. The greatest wealth is created by being an early investor in Innovation. Quote Benjamin Graham: "Seize the opportunities the market presents to you to take advantage of its temporary irrationality."

EzVirus-SF

Did you know fiscal year 2025 starts June 2024? Q3 was FCF positive, Q4 is planning to do the same.

AlfredoAllenPoe

I believe you are calculating Free Cash Flow Yield incorrectly. I just did the math for SHEL and got a trailing FCF yield of 12.44%. 2023 FCF / Market Cap = FCF Yield $28.8B / $232.08B = 12.44%

standontwofeet

Can someone simplify this for me? So owning one share of liberty should give you 8 shares of Siri when the spin off is complete? I think this is Ted not Warren doing this. Is the play literally just to buy liberty and wait for the deal? I understand Siri isn’t an amazing business but apparently generates a ton of FCF? Trying to understand from a basic retail perspective what the value proposition is. Buy liberty - hold and wait for the deal - then what?

DanielzeFourth

Well yes. The businesses are growing nicely. So cutting costs is a great way to increase FCF. Amazon spent 52 billion on CAPEX. If they decrease this by 10% while using a more fair price to free cash flow of 45 (similar to MSFT). We are looking at 234 billion market cap being added. That’s more than 10% increase in share price on cost cutting alone.

Puzzleheaded_War6849

"the fact is that it doesn’t impact the company’s cash at all and never will." It does impact the company's distributable cash per share, which is all that should really matter. It's a real company expense borne by the shareholders because the shareholders end up with a smaller slice of the pie, even if the pie doesn't change size. "if you only care about FCF" Why would you only care about FCF and not FCF/share? FCF/share is impacted by SBC and that's what matters. The problem with things like FCF margin is it completely hides the denominator in the second-order metric that actually matters. And obviously the company knows this. That's why Snowflake uses its cash flow to . . . buy back shares! They paid 591m to buy back shares in the last FY. If they had bought back zero shares, issued 591m less in SBC, and paid those employees 591m more in cash comp, the company would be in identical position, except FCF margin would look materially worse. Because FCF margin for cases like Snowflake is a dumb metric that hides the single largest operating expense of the company.

afluffyknight

Lol. Trust me my accounting fundamentals are really good. We are talking about valuation by FCF. That was the question I asked you originally. You can’t push past that, when you mature you will realize there’s many ways to value a company. If they hit they target of 10b revenue, and have 35% FCF, a modest improvement-> not even that hard for a software company 3.5B x 32 is 112b. Is that a 100% upside in 5 years? I’m old enough to remember salesforce having the exact same setup… and now they are a 300b company Your obsession with pure profits dampens your ability for Alpha. Good luck buddy

thelastsubject123

>50% upside over the next 5 years. so you're aiming for 10% CAGR..? why not just buy the market LMAO >they hit their revenue target, then snowflake is very undervalued. yes, if they hit their very optimistic numbers, they're undervalued....and will perform exactly the same as the market >a FCf of 25% gives us 2.5B FCf… i feel like you have a fundamental misunderstanding of accounting. FCF is not a good metric because most of their expenditures come as SBC. Yes, it's a non-cash expense but that's because they use shareholders as an ATM. what if they stopped diluting shareholders and started paying an all cash salary? Well then their FCF number plummets and matches net income which is massively in the red. but i mean hey if you don't care and want to take on tremendous risk for, as you calculated, the same return as the market, you do you bud. who truly cares about shareholder value and profitability right? brilliant valuation btw

AP9384629344432

As I expected, BTU put out a pretty awful earnings update but what's interesting though is that while it fell some 10% pre-market, it's now in the green.... Market pricing in the worst for thermal coal / natural gas? AMR/HCC also doing well on the met coal side. At today's pricing, BTU is more like 8 to 11x earnings, which is unacceptable for a thermal coal stock. Granted the pain should be temporary and 2026 will see rise in FCF from Centurion. Also because someone got confused, no I didn't sell any of my coal stocks, that was an April Fool's joke. (I'm writing this also because there are like a half dozen lurkers who read my comments and send me DMs about them occasionally)

thelastsubject123

why are you using FCF instead of net income? you do understand that SBC is 1/2 their expenses right? SBC is a very real expense and should absolutely be considered in their valuation. Yes, SNOW has a low chance of going bankrupt as most of their expenses are SBC but do you think they can generate their growth without paying their staff? I highly doubt it Regardless, 17x FCF in 5 YEARS is a ridiculous valuation. What is your intended CAGR? If you're looking for a 0% CAGR, payinf for 17x expected FCF is fine but if you're expecting a positive number, that's insane

No_Love_Gained

Still very undervalued compared to peers with room to run. An FCF positive company almost at the cusp of achieving profitability (they reported a break-even last quarter). Disclaimer - hold a decent sized position HITI, which is in dark green!

Substantial-Lawyer91

I own the stock at around $99/share and have been back and forth on the idea of selling it all at current prices. I find it hard to justify current prices and feel the company is priced to perfection. A P:FCF of 80 for an unprofitable company with negative operating margins is just a bit too rich for me. Having said that I find the company similar to Amazon in a way - large capex suppressing profitability, investments today for future market share, overall a very long-term approach with a founder CEO. It’s a great company and a great product but can I see it being a great stock from here on out? Not sure.

datafisherman

The windfall taxes seem grounds alone to leave. It would take a lot for the the US to get that arbitrary, which means the cost of migration could be amortized over many years of not facing such a tax (or others). That said, I think it's an open and interesting question as to the best approach for shareholder value. There are only three things that move the needle: multiple, earnings, and shares outstanding. Over short timeframes, changes in multiple can be highly profitable to the perceptive investor, but over long timeframes this driver of returns can be too range-bound. Sure, listing in the US might boost them from 8x FCF to 15x, but at their current yield they could take out half the shares in 4 years. Why be so present-minded? I understand this is O&G and there's only so much time left for higher-cost (or higher-emission) producers, but I come down on the side that buybacks make more sense for a long-term holder. Since an immediate 2x halves your buyback efficacy, there is a trade-off. It can be approximated by the difference between Shell's current FCF yield and the US average, which is about 5.83% per year. That breaks even in 11 years, which is equivalent to a return of ~9%. Over the long run, else being equal*, it should benefit shareholders to remain in the UK.   * Else is probably not equal. The UK is more arbitrary than the US (and just wait until Labour gets in). Ultimately, it doesn't matter what European investors think if the share-count of a profitable enterprise marches toward zero. In my view, it makes no sense to 'get the multiple up' unless you are pursuing opportunistic acquisition (ie, multiple arbitrage). But why bother? You have a low multiple: focus on buybacks, not M&A.

four_twenty_4_20

My point was that this isn't the first time he's claimed they would be FCF positive in a fiscal year. Just like schumer claims to work on passing safe over and over but never does. https://tilray.gcs-web.com/news-releases/news-release-details/tilray-brands-inc-reports-record-fiscal-year-2022-results Company Expects to Generate $70-$80 Million of Adjusted EBITDA and be Free-Cash Flow Positive in Its Operating Business Units in FY2023 https://tilray.gcs-web.com/news-releases/news-release-details/tilray-brands-reports-third-quarter-fiscal-year-2023-financial Reiterated expectation to deliver positive free cash flow from operating segments in fiscal 2023. There's probably other examples but I can't be bothered to find them.

GUISHE_CVAS

Being a top performer with market dominance and solid fundamentals. In my opinion, it has been managed poorly throughout the years and has tried to be everywhere and do everything all at once. On the other hand, currently DAL has a clear cut strategy: 1. Focus on FCF with a solid CAPEX and debt reduction plan. 2. Focus on customer satisfaction and retention 3. Adequate risk management with downstream integration and diversifying plane suppliers. Sure, there are headwinds coming their way like the likely scenario of the organization of a Union, rising fuel prices and demand slowdown in the US, but those are manageable risks.

Sovereign_BC

Yeah I just wanted to throw it out there because people are acting like we won't see FCF Positive until like March of 2025 when Q4 2024 into 2025 starts right now

Sovereign_BC

Cracks me up that some of yall throw money at things and don't even understand that Fiscal years go from July to June. Tilray said for 2024 they wouldn't be FCF positive - Fiscal 2024 ends in June - they said Q1 2025 (starting in July) they'd be consistently FCF positive.

Sovereign_BC

Sounds like you're not really understanding how the quarters differ than calendar years. He said they'd be consistently FCF positive by Q1 2025 - which starts in June. The quarter was FCF positive but June 2023 to June 2024 was not.

Sovereign_BC

That was for the entire year of 2024 (June 2023 to June 2024) - the quarter starting 2025 they said they'd be FCF positive.

four_twenty_4_20

They did. TLRYs "FCF positive this year" statements are like schumers SAFER "soon" statements. Wonder if he and Irwin go to the same toastmasters meetings...

Kbarbs4421

Pretty sure they retracted the positive FCF projection for 2024.

ILoveEatingDogMeat

Amazon could stop spending on new warehouses and double their FCF tmrw

rincerwind

Up to a point. Decibel and Auxly grew their share organically - they’ve got a lot of debt and no money for acquisitions, so that was the only option. Granted, most of the Auxly debt was cleared because their Tobacco daddy converted to stock. Which was kinda nice - their Q2/3 results will be very strong, all things being equal. Decibel is a bit more risky. They’ve improved their margins drastically and even with the current excise tax model are fairly FCF positive. I think growing market share in Canada right now is not a primary objective. It’s tough as the market is saturated. I think companies are trying to focus on margins more - I.e cutting costs and surviving, until tax is fixed. It’s going to get nasty in the next few months once Canada calls in the remaining tax and changes the model. Hopefully lots of bankruptcies and consolidation - whoever is left standing is going to be the winner.

Starmedia11

They have lower margins than Toyota. They never built out service centers and many accidents result in the cars being totaled because they are very hard and expensive to repair. They are going to be FCF negative this quarter. Sales have collapsed in China and Europe and they have no new models coming. The companies dead.

rincerwind

People here are shitting on LPs a lot. CGC / Tilray are not the whole LP world. There are 2-3 LPs out there that have consistently been achieving FCF positive and 30-40% margins - i.e actually making money and adding to the cash on their balance sheets organically.

Captaingrass

Revenue is flat, their profitability still has ways to go, their debt levels are above industry average and hasn't changed much for the last 5 years. However....256M FCF and 1.62B market cap. With every 4th stock shorted and 37% growth in EPS, it could be interesting. Not to mention their Float was reduce from 81M in 2018 to just 53 in 2024, with management seeking to reduce it even further. It does look very interesting

Starmedia11

They are going to be FCF negative this Q.

AP9384629344432

Nah not necessarily. I didn't want to come off the wrong way, but when you said 'rise in gas prices', I was wondering if you were confusing the refined gas for automobiles with the unrefined natural gas used in the process of producing urea. The big bull case for CF is that US natural gas is cheaper than European natural gas and will remain that way for a long time. So it will always have a cost advantage. And US natural gas prices (Henry Hub) are currently at extreme lows due to a oversupply and a limitation to LNG infrastructure / pipelines. In parts of Texas it is even negative. Also they do a pretty job at generating FCF and doing buybacks. It's probably a good long term hold. I sold out because I didn't see any massive upside since the underlying commodity bull thesis wasn't really materializing. Demand for nitrogen fertilizer continued to remain dampened (I forgot why, I think it was because farmers over-ordered after a major supply crunch? I used to read this more closely.)

SauxFan

I actually disagree. I hear people say SBC is a real company expense, and the fact is that it doesn’t impact the company’s cash at all and never will. Stock-based comp accounting is actually quite dumb imo. So im not sure what is meant by saying “real company expense”. To me, that implies that it does affect cash in some way, but it doesn’t, pure GAAP expense only SBC does a have real impact on investors though as it leads to dillution in the future as the options vest. That’s why FASB forces companies to record expenses as the options vest, but that is very different from a reoccuring cash expense. So it’s not deceitful at all imo, and if you care FCF only it should always be backed out

Starmedia11

They are going to report they are FCF negative in 2 weeks. If you’re nervous, just wait.

Fountainheadusa

Not disagreeing about the extra SBC expense, I can always put in an extra line explaining so FCF usually means that.

Puzzleheaded_War6849

"Snowflake’s free cash flow margin was very impressive at 35% of sales last year. Like most tech companies it doesn’t generate GAAP profits, but this a hugely positive number, it exceeds Crowdstrike’s 30% and several other tech growers." This metric is incorporating hundreds of little moving parts, but basically all of them are eclipsed by the one thing driving the entire difference: stock based comp. Snowflake has impressive FCF margins because you're backing out 42% of revenue as a non-cash SBC expense. If cash comp was 10% higher as a percentage of revenue and SBC was 10% lower, it would leave the Company's net financial position exactly the same, but FCF margin would be cut by \~1/3. Would you feel worse about the company in that case? Why? It's exactly the same on a net basis. Why are we using FCF margin as the metric by which we measure this thing? I'm not an anti-SBC person at all. But using profitability metrics that are ex-SBC for extreme examples is total nonsense and serves only to obfuscate. These are real expenses. They recur. It's downright deceitful to present these numbers excluding those costs.

YBYAl

The only thing that comes to mind is: If revenue is not feasible, can you look at assets? What’s their share prices to asset? Cashflows, what is there FCF/Share? Is it in line with other competitors in the same research industry. Potentially you could look at the market size of the drug they are releasing. Lets say they are releasing a heart worm drug for pets. Current market size is 3.15Billion. Up to 5 billion in 6 years. Assume the pharma company is able with its new revolutionary drug to capture 2% of the market, that’s 120million. Remember valuation is mostly art not science. Many assumptions take place and pharmaceutical for one are even harder to grasp.

SuzyCreamcheezies

Honestly, it goes back to much of what you mentioned. My “core” position was established during the old Aphria days (I’ve DCA’d a few times over the years), when SNDL was doing their investors dirty…. Not that Aphria didn’t have their own issues. But at the time I didn’t see SNDL all that favourably. A quick Look at top line earnings numbers paint a similar picture between the two companies. Tilray seems a bit closer to break even/FCF, but still seems like a toss up. Obviously I’ve paid closer attention to Tilray, but perhaps I should have a better look at SNDL. As for Tilray in particular: I like the HEXO/Redecan deal for Canada + hopeful on legislative reform. The alcohol brands seem like a good hedge while waiting out US cannabis reform and I hope it pays off. I’m still confident that Tilray will find a footing in the US when permitted, even if MedMen is a shit show. I’m curious how the MedMen story plays out and I have my theory about how that could still benefit Tilray. However, as mentioned, SNDL’s US plan is intriguing and perhaps more clear. While we wait on USA, Europe looks poised to open up and I am bullish on Tilray’s international footprint, and Germany in particular.

Brakonic

They’re starting to move up market and land bigger contracts. Shardstash allows for 30% quicker upload speeds, and 70% cheaper than the big 3 players. It’s the perfect solution for companies training LLMs who have large quantities of data who don’t want their data stored on a first parties storage platform where it would be more expensive. B2 revenue growth is accelerating QoQ and they’ve just reached positive FCF.

ab216

Investors focus on FCF not net income

At40LoveAce2theT

>***C-suite ACTIVELY moved*** to optimize short term gains as to benefit themselves at the expense of long term gains for the investors, employees, company, Americ This is any company. This is econ 101. No C-Suite is incentivized to run a company well, they need to run to profit. And by definition, profit means FCF aka EBITDA aka "get rid of shit so shares go up" and THAT equals C-Suite bonuses, baby. What's your point?

ftntvg

A+ for effort but this is unfortunately very misguided. As others have said, this is priced in. Every institutional investor has and will pro-forma (aka adjust or strip out) one-time gains and losses before slapping on a multiple (whether that be on EBITDA, EPS or FCF) to value the company. Source: used to be a hedge fund monkey for a couple of years. Praying that the price goes in your favor, but you'll probably be right for the wrong reason, e.g. stock will tank b/c underlying biz is seeing pricing pressure or less volume.

Many_Easy

Management projected positive FCF and EBITDA on the record for last two quarters of FYE ending 5/31/24. Considering they were running behind in the first two quarters, it means positive for the last 6 months of FYE and likely positive for Q3. Germany’s press about moving quickly on pass 2 is a good sign as is Trudeau and excise taxes. Plus sentimental rise with a DEA announcement eventually.

SerialStrategist

I understand how borrowing costs affect FCF's. What I don't get is how investors wince at strong economic data because they're worried interest wont go down. Fact is they should be more focused on how the economy is strong in spite of high interest rates. Instead they're hyper focused on interest rates as if that were the only variable that affects FCF's. News flash: it's a very ***minor*** variable and come with the positive side effect of tax shield benefits.

Turdnugget0321

Negative FCF with tons of debt and little cash. They’ve grown sales the past 3 years and still have no profit in each of those years.

elgrandorado

Good question. A company pays down it's debt/interest with it's cash. Take WBD (Warner Bros Discovery). If they had no debt on their balance sheet, you would see it's cash balance consistently grow considerably YoY from their solid FCF figures in 2022/2023. You don't see debt repayments on the income statement because the initial debt is treated as a liability, with the cash funding coming through as a debit. Debt repayments simply unwind that liability by debiting the debt, and crediting cash. Where you do see an impact on the income statement, it comes from the interest associated with the debt incurred. That interest payment hits a credit of cash, but a debit into the associated expense account, which pops up on the income statement. To answer your question, you can see the movement of cash for debt repayments and interest paid on the statement of cash flows. You only see interest expenses on the income statement because debt repayments are purely isolated to the balance sheet.

Cobra25k

What are people’s thoughts on ABBV? I hear alot of talk about UNH and CVS. But ABBV looks tempting to me even after its recent 25% run up. Excluding a tough 2023, they have been growing their FCF nicely around 10% - 15% per year for a decade. They also currently trade at a juicy 7% FCF yield. They pay a growing dividend with solid starting yield. In terms of EPS, again a rough 2023 with a decline of around 60% … But that’s also projected to re-accelerate right back up to their most recent all time high of EPS at around $6 per share by 2025. With this re-acceleration of EPS, it definitely seems like a very strong company that’s trading at a pretty favorable discount with a forward PE of around 16. And with that juicy 7% FCF yield and the mature company ABBV is, a majority that can be directly returned to the investor via share buybacks and dividends.

CanYouPleaseChill

Most stocks trading at 6x FCF are those of companies which are cyclical or dealing with serious problems such as large amounts of debt, intense competition, or secular decline. Generally, people don't expect the cash flows to be stable, certainly not enough to be using all earnings for buybacks year after year. That said, I like companies with high free cash flow yields too which is why I own oil and tobacco.

Alarming_Associate47

Who fucking cares? Only thing that matters for the investor is the FCF a business can generate. All your arguments are just excuses for their huge underperformance.

Desmater

WBD's debt seems crazy. But they have been chipping away at it. Like over $5 billion+ paid off. At this rate and FCF, be low in a couple years. That is management's goal too.

Desmater

Like $30.58 haha. I think they have potential. Just has to play out. Need couple years for positive EPS and FCF again. Same with WBD. But debt is huge at both.

creemeeseason

[Value After Hours](https://open.spotify.com/episode/0UDKYna7jsac3schJEWLVS?si=vu1NpCRMRxC_RDNIhaVywA) had a nice bit on stock buybacks for companies with low valuations. The whole show is a solid listen, but the buybacks part starts around 10:00. Some other write-ups on the power of buybacks [here](https://www.compoundingquality.net/p/cannibal-stocks) and [here](https://open.substack.com/pub/specialsituationinvesting/p/the-mathematics-of-buybacks-and-dividends?utm_source=share&utm_medium=android&r=23ti9i). The essence of the argument is as follows: Take a company that trades at 6x FCF and has 0% change in earnings year to year (yes, this is fiction, just roll with it). Say this company has 100 shares and has income of $100, so $1 EPS, each share trades at $6 for a $600 market cap. Let's say the company takes all of that $100 and uses it to buyback it's own stock. They could buy back 100/6 shares, or about 16 shares (16% of the float). Now there's 84 shares outstanding. Earnings stay unchanged at $100. Now your EPS is $1.19, or a 19% gain in EPS by eliminating just 16% of shares. Assume the shares still trade at $6.....the company again buys back $100 worth of shares (100/6) or 16 more shares. Now there's 68 shares remaining. EPS is now $1.47, or 47% growth in just 2 years. You see where this is going. This pairs well with Howard Marks "Sea Change" theory ([part 1](https://www.oaktreecapital.com/insights/memo/sea-change) and [part 2](https://www.oaktreecapital.com/insights/memo/further-thoughts-on-sea-change)) which are both great reads. Basically, he's arguing that the last 40 years of declining interest rates were a unique market however rates can no longer continue to fall. If they don't fall we are now in a very different market, one that anyone under 65 had never participated in. So what? I've been revisiting high cash flow, high buyback names a lot recently. Gigantic buyback, such as those by AMR, BLDR, MPC can yield amazing returns and require almost no growth to do it.

Cobra25k

Really? Why is that? When I look at their revenue chart, net income and EPS chart, it’s all highly predictable and steadily growing up and to the right. Also growing FCF, with minimal SBC. Growing dividend while decreasing overall share count. They have arguably one of the strongest brand powers in the world. While I don’t think NIKE will produce the most outsized gains in the market over the next 5-10 years, I do think they are a quality compounding machine and a solid investment at its current valuation.

callmecrude

Need examples. There’s only a few things companies can do with their FCF. Reinvest in the business/ make acquisitions typically classifies them as a growth company. Otherwise they’re paying dividends, buying back shares, or paying off debt. That’s it, those are the options of what all 5,000+ public companies do with their money. Only other alternatives are that they’re unprofitable or hoarding cash into ever larger piles of gold coins in their basement to dive into Scrooge McDuck style.

Cobra25k

Look at their predictable and growing revenue over the past two decades. Look at their predictable and growing net income and EPS over the past two decades. Growing FCF with minimal SBC. Total shares outstanding are going down with consistent buybacks and dividends are continuously going up. This company is a compounding machine, buy the dip.

WedWealthist

Agreed. Not going to be a multi bagger in the short term, but stable long term investment with reasonable FCF yield at current prices.

SJW_Lover

They made the bold statement of becoming FCF positive for March 2024. They wouldn’t make this statement unless they had solid reason to believe so.

Friendly-Excuse400

QUAD. Share price $5.31. Revenue $2.9B. Market cap $278M. EBITDA was $234M and FCF was $77M in 2023. Net debt/EBITDA of 2.0x at end of 2023. Fwd P/E 7x. Projecting $230M of EBITDA and $70M of FCF in 2024. This does not include over $100M in asset sales they should attain in 2024. Real estate on the balance sheet worth at least $11/share after accounting for debt. Started buying back about $10M in shares per quarter in 2023. Pays a 3.8% dividend. Oh wait, scratch that. They are a commercial printers. Wall Street hates printers as they are almost dead.

SpongEWorTHiebOb

For all you Reddit bulls. What is the trailing TTM FCF or EBITDA ? Is it trending up or down in comparison to past years?

WedWealthist

At current stock price TKO is looking like a 7-9% FCF yield if management guidance is to be trusted

Outrageous-Cycle-841

Focus on FCF not revenue…

olb3

Guidance for CY24 is $3.25b so you’re talking about an EV/‘24 revenue of 16x, which is expensive but isn’t crazy. Not to mention it’s already printing strong FCF margins that’ll continue to expand. Honestly might buy some now that I think about it lol. It should absolutely benefit from AI as customers need data to support LLMs

AlfredoAllenPoe

I think the actions in the overall market still make sense according to theory. Markets are forward looking, and while current rates are decent compared to the past decade or so, they aren’t that high historically. They’re relatively moderate or even mediocre returns. Additionally, things like CDs and Treasuries are fixed rate, fixed duration assets. Equities have variable returns with the possibility of grow and could last a lifetime. For example, Google currently has a free cash flow yield of 3.63%. Over the past 10 years, their free cash flow per share has grown at 10.93% per year. The 10 Year Treasury is currently yielding 4.206%. Assuming a 10% free cash flow per share growth rate and using the rule of 72, Google’s free cash flow per share would double in 7.2 years to a FCF per share yield on cost of 7.26%. In 14.4 years, the FCF per share yield on cost would be 14.52% while the 10 Year Treasury would’ve already matured and only have paid out 4.206%. Obviously, these are very very rough estimates and it’s definitely possible for this scenario not to materialize, but that’s just how equities work. You take on more risk with the hope of a higher return. If you think equities will grow over the long term, then buying equities is not that irrational even with decent yield from bonds.

HumbleOraclea

You can start with the financial statements 1. focus on liquidity (current ratio, quick ratio), solvency (gearing) and operational efficiency (asset turnover) in the balance sheet. 2. in the income statement analyze revenue growth, profitability (gross profit margin, operating profit margin, net profit margin) and earnings trends. 3. focus on cash flows from operations, investing activities and financing activities in the cash flow statement. It is worth noting that free cash flow (FCF) is particularly important for assessing a company's liquidity and growth potential.

txbone44

How does leadership fill the gap of -20% sales decline? People are not buying disc games anymore. The focus needs to be extract as much profit and cash from the core business while investing their cash into stock’s with high FCF. It is gonna take a while

Caveat_Venditor_

Historical forward PE’s trade at 20 so it’s still 50% overvauled Netflix is just more overvauled. Netflix is a shitshow anyway they depreciate the cost of content over decades to report positive EPS. Their FCF was negative for decades better now but Netflix is probably only 70% overvalued. The market should be forward looking so should my salary. I plan on being the CEO in 20 years so I should make 40 million this year based on that forward guidance.

Nesbyy

Market leader, they are involved in HVAC as well (demand for which will only grow imo), solid FCF and fine margins. Also they are actively buying back shares and they are paying a good dividend.

Billy-Klein

I bought some GME shares before close yesterday, but holy that report was really bad. How do people sugarcoat this. Not only EPS miss, but overall revenue decline, QoQ and YoY, with a falling gross profit margin. Some highlight the positive Net Income, but FCF is also negative.