-LSB-...] a valuation around the present stock
price on a cash flow basis, which gives me some pause.
Not exact matches
Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses
on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build rates of certain aircraft; 6) the effect
on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of global economic conditions
on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future
pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact
on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact
on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns
on pension plan assets and the impact of future discount rate changes
on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase
price for our announced acquisition of Asco
on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted
on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence
on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments
on defense; 25) the possibility that our
cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest
on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
Aluminum products maker Arconic slashed its 2018 forecasts for profit and free
cash flow as it expects
prices of the metal to remain high this year due to sanctions
on Russian supplies and a 10 percent duty
on aluminum imports.
April 30 (Reuters)- Aluminum products maker Arconic Inc slashed its 2018 forecasts for profit and free
cash flow on expectations that the
price of the metal would remain high this year due to sanctions
on Russian supplies and a 10 percent duty
on aluminum imports.
«Increased commodity
prices, coupled with a focus
on operating efficiently and strengthening our portfolio, resulted in higher earnings and the highest quarterly
cash flow from operations and asset sales since 2014,» Darren Woods, chairman and chief executive officer, said in a statement.
«We were a bit late recognising that one, but it's done wonders for our
cash flow,» Mr King said.The company recently appointed business development manager Chris Temov, who has been working closely with Austrade and the WA government, which are currently providing free market research, with an emphasis
on comparative
pricing and delivery in the UK.The research is provided under the company's status as a new exporter.
Pricing will vary based
on the quality, material, colors, and quantity, so if you're
on a tight budget, you can start small and scale up as
cash flow allows.
Still, the
pricing legerdemain surrounding the Twitter offering could prove an instructive lesson for small - business owners seeking insight
on how to value their own businesses — a task usually accomplished by examining free
cash flow.
Revenue multiples
on closed transactions dropped 2.5 percent,
cash flow multiples dropped 8 percent and the median sale
price for closed transactions dropped 20 percent to $ 160,000.
Suncor said that while the discount Canadian producers face nearly doubled in the first quarter compared with last year's quarter, it had no impact
on the company's earnings or
cash flow, as low crude
prices were offset by better midstream and downstream returns.
While rising commodity
prices have certainly played their part in lifting Teck's business, management's decision to wind down capital spending as new projects come
on line has allowed the company to reduce debt and significantly boost free
cash flow.
Some investors prefer to use a modified
price to
cash flow ratio based
on something known as free
cash flow.
Calculating the
Price to Cash Flow Ratio The price to cash flow ratio is calculated by taking the current share price and dividing the total cash flow from operations found on the cash flow state
Price to
Cash Flow Ratio The price to cash flow ratio is calculated by taking the current share price and dividing the total cash flow from operations found on the cash flow statem
Cash Flow Ratio The
price to cash flow ratio is calculated by taking the current share price and dividing the total cash flow from operations found on the cash flow state
price to
cash flow ratio is calculated by taking the current share price and dividing the total cash flow from operations found on the cash flow statem
cash flow ratio is calculated by taking the current share
price and dividing the total cash flow from operations found on the cash flow state
price and dividing the total
cash flow from operations found on the cash flow statem
cash flow from operations found
on the
cash flow statem
cash flow statement.
Benefits — Each family / real estate investor keeps average $ 600 / mo for 2 yrs, real estate in all major metropolitans will have a traded
price, increase buying power of low income high credit citizens, stimulate real estate investment by making it easier for investors to
cash flow a rental property, reduce home inventory, the increase home values and liquidity provides incentive to put the $ X trillion in capital currently
on the sidelines back to work and mortgage prepayments will increase capital availability.
Some investors prefer to focus
on a financial ratio known the
price to
cash flow ratio instead of the more famous
price to earnings ratio (or p / e ratio for short).
Industries such as software,
on the other hand, allow for much higher
price to
cash flow ratios because they have very low capital requirements.
The performance goals upon which the payment or vesting of any Incentive Award (other than Options and stock appreciation rights) that is intended to qualify as Performance - Based Compensation depends shall relate to one or more of the following Performance Measures: market
price of Capital Stock, earnings per share of Capital Stock, income, net income or profit (before or after taxes), economic profit, operating income, operating margin, profit margin, gross margins, return
on equity or stockholder equity, total shareholder return, market capitalization, enterprise value,
cash flow (including but not limited to operating
cash flow and free
cash flow),
cash position, return
on assets or net assets, return
on capital, return
on invested
Find companies that consistently generate profit, earn a quality return
on invested capital, and have a stock
price where expectations for future
cash flows are low.
For others, the emphasis is
on buying
cash flow and income producing properties in a market where
prices are higher, and in some views, the market is over-valued.
LONDON Royal Dutch Shell reported
on Thursday a 42 percent rise in first - quarter profit to its highest in more than three years
on stronger oil
prices and production, but its shares fell as the oil major's
cash flow missed forecasts.
Under the Bonus Plan, our compensation committee, in its sole discretion, determines the performance goals applicable to awards, which goals may include, without limitation: attainment of research and development milestones, sales bookings, business divestitures and acquisitions,
cash flow,
cash position, earnings (which may include any calculation of earnings, including but not limited to earnings before interest and taxes, earnings before taxes, earnings before interest, taxes, depreciation and amortization and net earnings), earnings per share, net income, net profit, net sales, operating
cash flow, operating expenses, operating income, operating margin, overhead or other expense reduction, product defect measures, product release timelines, productivity, profit, return
on assets, return
on capital, return
on equity, return
on investment, return
on sales, revenue, revenue growth, sales results, sales growth, stock
price, time to market, total stockholder return, working capital, and individual objectives such as MBOs, peer reviews, or other subjective or objective criteria.
Transients [2] pile into companies that beat
on quarterly earnings or meet certain technical indicators, giving the appearance that these measures drive stock
prices even though these movements tend to be short - lived and have no basis in the underlying
cash flows of the company.
Over the years, I've emphasized what I call the Iron Law of Valuation: the every security is a claim
on an expected stream of future
cash flows, and given that expected stream of future
cash flows, the current
price of the security moves opposite to the expected future return
on that security.
Rather, our concern is that investors are
pricing stocks
on the assumption that current record profits can be used as a «sufficient statistic» for
cash flows that will emerge decades and decades from today.
Furthermore, as of October 2017, European stocks remained generally less expensive than US peers
on metrics such as
price - to - book and
price - to -
cash -
flow.
This observation is based
on our analysis of JETS at the stock level, where we analyze earnings quality, true profitability and the market - implied
cash flow expectations embedded in stock
prices.
I missed out
on great
price appreciation in Seattle but also avoided the headache of negative
cash flow and laws unfriendly to landlords.
Aluminum products maker Arconic Inc slashed its 2018 forecasts for profit and free
cash flow on expectations that the
price of the metal would remain high this year due to sanctions
on Russian supplies and a 10 percent duty
on aluminum imports.
I'm able to get low interest loan
on a reasonable
priced newer (used, mechanically sound) car that allows me to keep my expenses low and spread out
cash payments so that I am able to invest more and not run into
cash flow issues.
However, Sanchez Energy's plan was to use higher oil
prices to boost production and
cash flow so it could support the mountain of debt it took
on to complete the deal, with its aim to get leverage to less than 3.0 next year.
Forward - looking statements are based
on estimates and assumptions made by BlackBerry in light of its experience and its perception of historical trends, current conditions and expected future developments, as well as other factors that BlackBerry believes are appropriate in the circumstances, including but not limited to the launch timing and success of products based
on the BlackBerry 10 platform, general economic conditions, product
pricing levels and competitive intensity, supply constraints, BlackBerry's expectations regarding its business, strategy, opportunities and prospects, including its ability to implement meaningful changes to address its business challenges, and BlackBerry's expectations regarding the
cash flow generation of its business.
The most reliable measures of individual stock valuation we've found are based
on formal discounted
cash flow considerations, but among publicly - available measures we've evaluated,
price / revenue ratios are better correlated with actual subsequent returns than
price / earnings ratios (though normalized profit margins and other factors are obviously necessary to make cross-sectional comparisons).
Whereas the
cash flow statement and balance sheet are still very important considerations in the High Yield Dividend Newsletter, we put put a greater focus
on credit assessments and qualitative, subjective considerations given the riskier nature of such higher - yielding ideas, both with respect to income sustainability and subsequent valuation (share
price risk).
Until those
cash flows are delivered, security
prices only reflect the relative eagerness of investors to trade claims
on those future
cash flows.
The company's strengths can be seen in multiple areas, such as its notable return
on equity, attractive valuation levels, expanding profit margins, good
cash flow from operations and increase in stock
price during the past year.
With fundamental results coming in largely as expected during the year, we believe the stock
price decline was primarily due to industry and market pressures
on its peer group, and we believe the current high free
cash flow yield makes the stock an attractive investment.
Bottom line: Enbridge Inc. (ENB) is the largest energy infrastructure company in North America, with most of its
cash flow supported by long - term commercial agreements that don't depend
on commodity
pricing.
But plummetting oil and gas
prices took a toll
on that company too, putting free
cash flow and profits under enormous pressure.
Most gold mining companies have new managers who have generally gotten a very good grip
on costs and managed to greatly boost margins and
cash flows even before the gold
price recovery started in late 2015.
Scenario 2 — Reinvest To 2015 Levels: If, instead of buying back stock, GE could quickly redeploy the capital from the sale of the financial assets and earn the same ROIC
on that capital, it would generate enough
cash flow to justify the current stock
price.
This observation is based
on our analysis of each of the fund's holdings for which we model the earnings quality and the future
cash flow expectations embedded in the
prices of each of the holdings.
Price - to -
cash flow is also high from a historic point of view, and the yield
on the market is no longer as attractive as it used to be.
Fundamentally - weighted indexes weight companies based
on their economic size using
price ratios such as sales, book value,
cash flow and dividends.
Similar to the
price - to - book ratio, the free
cash flow ratio is easy to find
on any finance site.
Price - to earnings and price - to - cash flow multiples are on the high side relative to history, while dividend yields are no longer as attractive as they
Price - to earnings and
price - to - cash flow multiples are on the high side relative to history, while dividend yields are no longer as attractive as they
price - to -
cash flow multiples are
on the high side relative to history, while dividend yields are no longer as attractive as they were.
Instead, they've run their finances conservatively enough that they can sit
on depressed valuations for years at a time, knowing that they are still earning a good rate of return when measured as the
cash flow that belongs to them relative to the
price they paid for their ownership stake.
Help you determine areas for growth by providing insight
on cash flow patterns, inventory management,
pricing and business financing.
Based
on that 5 - year forecast and IMS Health's tendency to buy back stock (and the reasonable
price of that stock before the buyout rumor leaked) it seems likely that free
cash flow per share would have grown by 10 % + annually if IMS Health had stayed a public company.
Actually, as long as a company with a 5 % return
on equity isn't going to plow any of its
cash flow back into the business - it could be a good investment at the right
price.
In the face of a weak spot and forward
price environment for U3O8, I continue to believe the low cost ISR producers offer the highest acceptable leverage to the
price and sufficient safety based
on near term or immediate
cash flow.