I continue to test the indicator = CF^2 / Balance sheet

In many cases, it gives good results.

For example, this is Gazprom.

Figure 1.

The FCF indicator is too volatile and does not provide a stable picture for evaluation.

CF^2 / Balance sheet  fluctuates around 10 rubles, and we now know that dividends of 51 rubles for year 22 were paid in advance for 5 years. ... Читать дальше »