The Weekly Roundup
Other news and articles
About The Weekly Roundup
The Weekly Roundup is where you'll find our free Friday newsletter that rounds up what we've been up to during the week. But there's also a little bit extra.
What has been traded in any of the portfolios? Has ByteTrend thrown up any new trends to investigate? What are we seeing in the markets that pique our interest?
The Friday round-up is a great place to start understanding what we're up to at ByteTree.
Previous Editions
ByteTree Track Records in 2024
We are pleased to inform our clients of the updated track records for the services offered at ByteTree in 2024 and discuss the portfolios and the outlook for this year.
Key Points
* The biggest stocks were the best performers, something we rarely see. They were US-based companies, and they drove
Value Investing: Introducing Cash Flow
My Journey in Finance;
Following on from book value, I move on to cash flow (CF), free cash flow (FCF), and free cash flow yield (FCF yield).
According to the accounting software company Xero,
“Cash flow refers to the money that flows in and out of your business within a
Value Investing: Introducing Book Value
My Journey in Finance;
Following on from the enterprise value-to-sales ratio (EVS), we move to book value (BV), the price-to-book ratio (PBK) and book value per share (BVPS).
BV looks at a company’s net assets, i.e. the assets less the liabilities. It is most useful for asset-heavy companies,
Value Investing: Introducing Enterprise Value
My Journey in Finance;
Following on from the price-to-sales ratio (PSR), we move on to the enterprise value-to-sales ratio (EVS). It is similar but takes the balance sheet into consideration.
Imagine a business with £10m in sales. On a PSR of 1x, it is worth £10 million. Now bring in
Value Investing – The Pepsi Challenge
My Journey in Finance;
The price-to-sales ratio (PSR) for Coca-Cola (KO) demonstrates how a stable company with similar products over the years saw the valuation range between 0.7x sales (cheap) in 1980 and 11x sales (rich) in 1998 (note the intra-year 11x peak is not shown on the annual
