Free cash flow kings

If you take any valuation techniques done by analysts or legendary investors, its starting point will not be revenue, profit, or even cash flow from operations. It will always be free cash flow. But what is free cash flow? In simple words, free cash flow is the cash that the company still has at the end of the year after incurring capital expenditures. You can arrive at this figure using a formula, and all the components in this formula can be found in the cash flow statement of a company: Free cash flow is considered a very reliable measure of a business's ability to generate cash from its core operations and shows how much cash a company is left with at its disposal at the end of the year. That is