That is of course true. However, I've noticed many seem to justify any stock price being low as the market already pricing in all the information. However when

That is of course true. However, I've noticed many seem to justify any stock price being low as the market already pricing in all the information. However when you look at AAPL's valuation 1-2 years ago, shares went down to a low of around $90, which was only like 6-7 FCF or so (it's a little complicated cause you had to subtract apple's cash hoards but also multiply by some uncertainty factor < 1 that represented the probability that they would be able to bring the money back). Meanwhile you have companies like MSFT, etc which while growing at a fast rate, are far, far more expensive on a FCF yield basis. Ultimately - and this is pretty obvious but worth stating - you have to come up with your own valuation for a given company when making investment decisions.