Alphabet Inc. has 5 years of solid financial results and meets our expectations of a well-managed company.
But we think the shares are overpriced. We believe they are worth -$221.98*, but last time we checked, they were selling for $223.34*.
*Note: These shares actually trade in $ and the conversion to $ is approximate. We value them at -US$160.48 and they were trading at US$161.47.
🛑 Paying out too little of the expendable income to shareholders.
✅ Could probably operate for more than a year without any new income.
✅ Could probably operate for more than a year without any new income.
✅ Comfortably covering its day-to-day costs and bills.
✅ Comfortably covering its day-to-day costs and bills.
✅ Has a strong financial cushion for the long term.
✅ Has a strong financial cushion for the long term.
✅ Less than a year's worth of inventory is being held.
✅ Less than a year's worth of inventory is being held.
✅ Paying out a healthy portion of expendable income to shareholders.
✅ Shareholders' earnings are coming from operations.
✅ Shareholders' earnings are coming from operations.
🛑 Shareholders earn less than 8% per year on their shares.
✅ Income after taxes and debts is stable and growing.
✅ Income after taxes and debts is stable and growing.
✅ Expendable income per shareholder is stable and growing.
✅ Expendable income per shareholder is stable and growing.
✅ Income actually returned to each shareholder is stable and growing.
✅ Income actually returned to each shareholder is stable and growing.
✅ Shareholders earn over 8% per year on their shares.