refreund82's Blog

The Real Price of a Stock

refreund82 — Fri, 08 Jun 2007 09:54:22 GMT

I read some Graham, Fisher, Buffett and Lynch last night and found something that was pretty interesting.

I believe it was Lynch who alluded to this method of determining the real price of a stock.

If you take the stock price and add the debt per share then subtract the cash per share, you'll come up with a much more accurate share price. From this, you can then determine the new Price/Book and Price/Earnings. Using this method has turn...

Free Cash Flow and ROE

refreund82 — Fri, 08 Jun 2007 09:46:49 GMT

Hi all!

I have a few questions about free cash flow as well as how it is related to ROE.

First off, is levered free cash flow the same thing as free cash flow?

If OCF is positive and FCF is negative, and let's assume the FCF is negative because of large investments to improve the company's position, does that investment count as part of the money spent to determine ROE?

Thanks for an...

Guidance

refreund82 — Fri, 08 Jun 2007 09:34:12 GMT

Hello fellow Fools,

This is my first blog post, so go easy on me!

I have noticed that companies that do not provide guidance on future earnings/revenues often fare better when it comes time to report. Is there an easy way to find companies that do not provide guidance? I know of a few, but I'd love to be able to get this information easily, rather than sifting through conference calls and press releases.

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