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29 Valuation Interview Questions and Answers: Mastering the Art of Crackling Interviews

Equilest

Definition: Free Cash Flow to Firm (FCFF) represents the surplus cash generated by a company's operations, available after covering expenses and necessary investments. Its calculation involves the subtraction of capital expenditures, changes in working capital, and taxes from the company's Earnings Before Interest and Taxes (EBIT).

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Data Update 1 for 2023: Setting the table!

Musings on Markets

For example, I have seen it asserted that a stock that trades at less than book value is cheap or that a stock that trades at more than twenty times EBITDA is expensive. Standard deviation in stock price 2. Price to Book 3. EV/EBIT and EV/EBITDA 4. High-Low Price Risk Measure 5. Cost of Equity 1.