Comments on: Consistent Cash Creators, Part 3: The Value Screen http://www.fatpitchfinancials.com/778/consistent-cash-creators-part3-the-value-screen/ Special situation stocks and value investing Fri, 29 Aug 2008 22:04:43 +0000 http://wordpress.org/?v=2.6.1 By: George http://www.fatpitchfinancials.com/778/consistent-cash-creators-part3-the-value-screen/#comment-226205 George Fri, 28 Mar 2008 02:28:17 +0000 http://www.fatpitchfinancials.com/778/consistent-cash-creators-part3-the-value-screen/#comment-226205 Valuemuger, I ran the screen again, but used <a href="http://www.fatpitchfinancials.com/785/consistent-cash-creators-part-4-normalized-ey/" rel="nofollow">7-year normalized earnings yield to sort the Consistent Cash Creators</a>. What do you think of the results? Valuemuger, I ran the screen again, but used 7-year normalized earnings yield to sort the Consistent Cash Creators. What do you think of the results?

]]> By: Nick http://www.fatpitchfinancials.com/778/consistent-cash-creators-part3-the-value-screen/#comment-223636 Nick Fri, 21 Mar 2008 03:32:55 +0000 http://www.fatpitchfinancials.com/778/consistent-cash-creators-part3-the-value-screen/#comment-223636 Great work George! Valuemuger, Can you please link me to where you found Greenblatt's normalized e/y research? Great work George!

Valuemuger,

Can you please link me to where you found Greenblatt’s normalized e/y research?

]]> By: Valuemuger http://www.fatpitchfinancials.com/778/consistent-cash-creators-part3-the-value-screen/#comment-223502 Valuemuger Thu, 20 Mar 2008 15:55:48 +0000 http://www.fatpitchfinancials.com/778/consistent-cash-creators-part3-the-value-screen/#comment-223502 Hi George, yes if you normalize it I think you will take out noise about being at the top or bottom of a particular industry cycle. Greenblatt also normalize his EBIT # in his actual research. The reason he takes last year EBIT in TLTBTM is to make it simple to the lay investor. Thank you Hi George, yes if you normalize it I think you will take out noise about being at the top or bottom of a particular industry cycle. Greenblatt also normalize his EBIT # in his actual research. The reason he takes last year EBIT in TLTBTM is to make it simple to the lay investor.

Thank you

]]> By: George http://www.fatpitchfinancials.com/778/consistent-cash-creators-part3-the-value-screen/#comment-223496 George Thu, 20 Mar 2008 15:46:23 +0000 http://www.fatpitchfinancials.com/778/consistent-cash-creators-part3-the-value-screen/#comment-223496 I guess it would be possible for me to do that. Did you want that number to determine a "normailzed" EY? Please explain your reasoning for this number a little more. I guess it would be possible for me to do that. Did you want that number to determine a “normailzed” EY? Please explain your reasoning for this number a little more.

]]> By: Valuemuger http://www.fatpitchfinancials.com/778/consistent-cash-creators-part3-the-value-screen/#comment-223495 Valuemuger Thu, 20 Mar 2008 15:41:12 +0000 http://www.fatpitchfinancials.com/778/consistent-cash-creators-part3-the-value-screen/#comment-223495 George, would it be possible to take the average operating earnings before interest and taxes for the seven years, instead of the last year performance? George, would it be possible to take the average operating earnings before interest and taxes for the seven years, instead of the last year performance?

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