Changes in Working Capital: An Easy Walk Through

Changes in working capital helps explain how a company uses its assets to generate growth. Some companies build up inventories, pay down liabilities, or extend their repayments to vendors to growt their cash flows. The better we understand how a company uses its assets and liabilities, the better we can predict changes in value. Please […]

[S&P 500] Average Valuation Multiples by Industry: P/E, P/FCF, P/S, P/B, PEG

There are many valuation multiples which investors use to compare stocks with their peers in an industry. This post displays the mostly commonly used valuation multiples, showing average multiples of the S&P 500 by both sector and industry for Fiscal Year 2021 and 2020, as well as the 19 or 20-year historical averages (2002 – […]