![]() In this context, it seems worth noting that Halma did not record material goodwill and intangibles-related impairment charges in the last six years, underscoring management’s skill in acquiring other companies. Its six-year CAGR is nothing short of amazing at 13.5%, especially considering the company’s M&A-centered growth strategy. I determined a fiscal 2021 normalized FCF (nFCF) of £218 million. In addition, I analyzed the cash flows in the company’s working capital accounts and subsequently smoothed each year’s OCF in case of material YoY movements in working capital.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |