Re: under or fairly valued stocks
Here is my 2 cents on UPS. Purely from numbers. Dont know much abt business model.
P 96.
82 to 105 52 wi range
3.8% yld
In 2000 was at 70. So hasn’t mover much.
Debt 13b
cash 8
Fcf5
Debtt - cash - fcf = 0. So ok.
Underfunded pension oblation 11 billion. This makes me want to run away. Of course with interest rate creeping up NPV of this liability goes down. So you get some reduction in liability. Smoke ans mirrors.