Earnings and Cash Flows: A Primer on Free Cash Flow
Musings on Markets
OCTOBER 25, 2022
With enterprise value multiples, you can scale enterprise value to FCFF, instead of using EBITDA or revenues as your scalar. The Life Cycle Effect In a corporate life cycle structure, you trace a business from start-up (birth) to the toddler years (very young businesses) through their teenage years into middle and old age.