So research has shown that cashflow is a poor proxy for earnings because cashflow is very volatile (especially free cashflow).
If anything,it would be price/free cash flow.Absolute Free Cash Flow isn't very helpful..Peter Lynch did something similar with P/E..I think his "magic line" was 15x earnings..
operating earnings vs operating cash flow- cap x?? No gold there If I had any balls,I would close my eyes and buy top top 5 short interest/ percent of float stocks ..Do fundamnetals matter any more
I meant from a fundamental approach, as ebit is the core profitability to all stakeholders. Ebit/ev % also one of the better value indicators. I’d argue that there is not that much value in historical data whether fundamental or technical lol. Scenarios of future output * price are way more important and feed into the investment decisions of buy side firms, which drive most of the market volume.