$BABA This is very straightforward for $BABA now:
2021 Free Cash Flow level was $27 Billion
2022 Free Cash Flow level was $13 Billion
2023 Free Cash Flow level was $24 Billion
And the share price pulled back hard because of this 2022 dip in FCF.
If they finish 2024 above $28 Billion Free Cash Flow their share price will return to the mean reversion zone as shown, above $140.
80% Potential upside if management can execute their recovery now, at a minimum.
Chris H
2024-05-04 01:29:49 +0000 UTCFederico Salerno
2024-05-03 19:49:01 +0000 UTCGareth Neary
2024-05-03 19:30:04 +0000 UTCMatt
2024-05-03 19:26:16 +0000 UTC