Goldman: Misleading Accounting Makes Free Cash Flow Yield IrrelevantRupert Hargreaves
The S&P 500 may look expensive on most traditional valuation metrics, however, according to Goldman Sachs due to a record low level of capital spending; the index appears attractive when valued on free cash flow yield.
Indeed, according to a recent research report from the investment bank, capital expenditure as a percentage of cash flow from operations ranks in just . . .
This content is exclusively for paying members.
If you are subscribed and having an account error please clear cache and cookies if that does not work email email@example.com or click chat.