One can demonstrate the arithmetic quite simply using any discounted cash flow approach, and it holds for stocks, bonds, and other long - term securities. (hussmanfunds.com)
Another methodology that is often used in combination with the discounted cash flow approach is the sales comparable approach. (xelonline.com)
JNJ operations generate annual free cash flow approaching $ 16 billion, with 70 % of JNJ's sales coming from products that hold the No. 1 or No. 2 global market share spot. (simplysafedividends.com)