CT Capital LLC
September 27th, 2013
Our Investment Philosophy
CT Capital’s methodology is quite simple, when distilled to its underlying elements. We compare an equity investment’s free cash flow yield and cash based return on capital to that of the yield on the risk free rate and cost of capital. We then look at the risks to the firm at least maintaining the above spreads—its cost of capital— with normalized nominal free cash flows growing. When invested capital is low or not meaningful, we look to economic profits.
Categories: General
