RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Ni closes 1st day of short week1) Fair. You look at it however you like. In the end, economics will dictate the stock price, up or down.
2) Not sure how many small (or what S is now, a micro cap co) trade on PE, EPS basis. My career experience shows Ebitda (a crude and often manipulated form of Cash Flow but less so than EPS/Net Inc) is the better metric for measuring cash flow and valuation.
3) It is Ebitda is what pays Interest Expense and Cash Taxes to get OCF, not EPS, which obviously includes non-cash line items. OCF is what pays Capex to get FOCF. And not in S's case, at least for now, it is FOCF that pays a Dividend to get FCF.
4) Cash Flow matters. That is why we accountants have used Statement of Cash Flows for generations as one of the key Statements to better understand actual cash movements, and specifically Cash Provided by Operations.
That is what I meant by my earlier comment. If you think the company/the CFO focus on EPS, you are very misled from both an accounting perspective and a valuation perspective, at least for this co (and others its size). No potential buyer of a co this size, or even much larger, is looking at M+A activity on a PE multiple basis...they would do so on a EV/Ebitda multiple basis.
Even if you disagree, I hope this provides some clarity to my original comment. And please keep that algo going on relevant news, which is extemely helpful, unlike that Mr V guy, who was annoying and not relevant with his posts.
Thanks