fcff

EBITDA is a poor proxy for FCFF and Net Income is for FCFE? right

for sure

thanks and good luck

They are both poor, yes. I don’t know if it proves anything, but you have to do a lot of adjustments to both of them to get to FCFF and FCFE.

yup. EBITDA doest reflect the taxes paid to derive FCFF, whilst Net Income does not include cash flow activities… i think too me… everything is a poor proxy except CFO… CFA is the best estimator for everything…

yup. EBITDA doest reflect the taxes paid to derive FCFF, whilst Net Income does not include cash flow activities… i think too me… everything is a poor proxy except CFO… the best estimator for everything…