RE:RE:RE:RE:RE:RE:My two cents A few points out I'd like to talk about.
First, I like to work with a margin of safety in my cash flow analysis. It is better to err on the conservative side even if it's pessimistic than to be overly ambitious and disappointed if your numbers fall short. I cannot tell you how often this has happened to me.
Second point I'd like to mention is the threat of a looming recession/job losses and it's impact on retail. Forward looking cash flows can be a lot different than backward looking indicators.
Third point is that trailing 12 month cash flow indicators may not be a sustainable number to use in your cash flow analysis. There is pent up demand from store closures during the lockdown which has increased the demand for their goods. This type of revenue/cash flow per store may or may not repeat in future years. I hope it does but I won't use trailing 12 month figures as a sustainable cash flow figure. I'll err on the conservative side.