Cash Flow is King? Comparing Valuations Based on Cash Flow Versus Earnings Multiples

Equity Valuation Using Multiples

Jing Liu, Doron Nissim, Jacob K. Thomas · Journal of Accounting Research · 2002 · 716 citations

Business, Business Economics, Finance +12

The Valuation of Cash Flow Forecasts: An Empirical Analysis

Steven N. Kaplan, Richard S. Ruback · The Journal of Finance · 1995 · 538 citations · Full text

Business, Business Economics, Finance +16

Valuing IPOs

Kim Moonchul, Jay R. Ritter · Journal of Financial Economics · 1999 · 484 citations

An empirical analysis of analysts’ cash flow forecasts

Mark L. DeFond, Mingyi Hung · Journal of Accounting and Economics · 2003 · 457 citations

Business, Finance, Financial Management +14

The Valuation of Cash Flow Forecasts: An Empirical Analysis

Steven N. Kaplan, Richard S. Ruback · The Journal of Finance · 1995 · 190 citations · Full text

Business, Business Economics, Finance +16