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Can you provide a citation for that 450x cash flow statement please?
by davedx 6y ago
Can you provide a citation for that 450x cash flow statement please?
- JMTQp8lwXL 6y agoTesla's PE ratio for 2020 is 627; it is forecast to quickly decline to a more reasonable 144 in 2022. https://www.nasdaq.com/market-activity/stocks/tsla/price-earnings-peg-ratios https://www.nasdaq.com/market-activity/stocks/tsla/price-ear...
- Retric 6y agoStock prices are always based predicted returns over time. Their revenue growth for 2020 was 40%, 2019 14.52%, 2018 82.51%, and 2017 67.98%. So, you really need to predict when that stops before you can get a reasonable estimate for sock value. A more reasonable 144x in 2022 after 2 years of ~40% growth is the equivalent of ~282x today. That’s not exactly the huge drop people are expecting. In other words I do expect a drop, but I don’t expect short selling is a great risk adjusted investment.
- manquer 6y agoThat is also assuming the stock won't grow crazy in the next 2 years as well.
- ketamine__ 6y agoYahoo Finance says PE ratio is 1200.
- vardump 6y agoQ3 free cash flow was 1.4B. 640/1.4 = ~450. So stock price is currently about 450x previous quarter free cash flow. So I guess that's what the grandparent meant. Link: https://ir.tesla.com/ https://ir.tesla.com/
- davedx 6y agoWeird to calculate a multiple based on a quarterly financial metric without stating it as such.