This report shows why Street Earnings (and GAAP earnings) are flawed & five S&P 500 companies with understated Street Earnings and an Attractive-or-better Stock Rating.
Highlighting the five ratios that drive our Credit Ratings and how our data drives materially different results compared to ratios and ratings based on unscrubbed data.
This report explains how our “Adjusted” Cash to Debt ratio is better than the “Traditional” ratio because the Traditional ratio is based on unscrubbed financial data.
This report explains how our “Adjusted” Interest Coverage ratio is better than the “Traditional” ratio because the Traditional ratio is based on unscrubbed financial data.
This report explains how our “Adjusted” Debt to Capital ratio is better than the “Traditional” ratio because the Traditional ratio is based on unscrubbed financial data.
This report explains how our “Adjusted” EBITDA to Debt ratio is better than the “Traditional” ratio because the Traditional ratio is based on unscrubbed financial data.
The precipitous fall expected in 2Q20 earnings significantly understates the true, core earnings of U.S. companies. There’s upside left in this market.
We believe that passive investing has become a sufficiently crowded trade that indexers will see lower returns than fundamentally rigorous active investors over the next few years.