NYSE:GEAerospace & Defense
General Electric (GE) Stock May Trade At A Premium On Cash Flow While Earnings Look Fair
After a very strong five year run that has seen General Electric return about 473%, the valuation backdrop has become more contentious, with the Discounted Cash Flow (DCF) intrinsic value estimate indicating the stock trades at a premium even as standard earnings multiples look roughly in line with peers.
The roughly 473% total return over five years puts General Electric among the stronger performers in its sector, which naturally raises the bar for what counts as an appealing entry price...