Thanks, much appreciated as I am building my own models. They will be in a simplified format initially and having a truncated version will make it more achievable over the 30 odd stocks in our portfolio.
Previously I think you mentioned around 10 years as a useful historical time span?
Interestingly your first comment about the importance of organic capital generation is rarely mentioned in the financial media. It seems to me that this is a measure that would encourage an investor into better quality companies with growing predictable earnings.
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