Nobody’s complaining about corporate earnings, operating profit margins, free cash flow or top-heavy balance sheets. GM ticks at 6.5 times earnings, AT&T at 10 times with a yield north of 5%. Let’s assume the market decline doesn’t stop until it reaches 15 times expected earnings, a 10% gap down. Do you own viable properties with position on the board, solid earnings power and ample free cash flow? Compare price-earnings ratios, free cash flow multipliers and the enterprise value to EBITDA multiplier.

Source: Forbes February 14, 2018 17:48 UTC