Saul's Investing Discussions - Knowledgebase
以上三個連結是一個外國人分享的投資心法，
比較值得提的地方：
2013: 74 78 85 91 = 326
2014: 100
12 2012: 259
03 2013: 275
06 2013: 289
09 2013: 305
12 2013: 326
03 2014: 352
此作者，把各季EPS用上述形式擺放，可以快出看出盈餘有無進步。
使用過去四季EPS加總可以看出是否為成長股!
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重點摘要：
Here's another a nice way to evaluate companies for investment.
* Look at Cash Flow. You want to make sure the company is self-sustaining, producing positive Free Cash Flow, and not eating away at its Cash Balance. You'd also like to see Free Cash Flow grow from year to year.
* See if Revenue is growing year over year, and whether operating expenses grow at a slower rate so that Operating Margins can increase as revenue expands.
* Make sure that the share count is not increasing unreasonably fast.
* Divide the Market Cap by Free Cash Flow to get the P/FCF ratio, an analog of a P/E ratio. It should also be somewhere in the 20's or so, depending on rate of growth.
* Check levels of cash and debt.
* Look at the 10K to evaluate the business, its competitors and its risks.
* Read the last couple of conference call transcripts to see how management feels about the business and its future prospects.
A COMPANY may do well, but the STOCK may do poorly, if the stock price has too much growth already factored in.
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重點摘要：
Here's another a nice way to evaluate companies for investment.
* Look at Cash Flow. You want to make sure the company is self-sustaining, producing positive Free Cash Flow, and not eating away at its Cash Balance. You'd also like to see Free Cash Flow grow from year to year.
* See if Revenue is growing year over year, and whether operating expenses grow at a slower rate so that Operating Margins can increase as revenue expands.
* Make sure that the share count is not increasing unreasonably fast.
* Divide the Market Cap by Free Cash Flow to get the P/FCF ratio, an analog of a P/E ratio. It should also be somewhere in the 20's or so, depending on rate of growth.
* Check levels of cash and debt.
* Look at the 10K to evaluate the business, its competitors and its risks.
* Read the last couple of conference call transcripts to see how management feels about the business and its future prospects.
A COMPANY may do well, but the STOCK may do poorly, if the stock price has too much growth already factored in.
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