I can see Price to Free Cashflow has been running under one for Barclays (LON:BARC) and Natwest (LON:NWG) for quite some time. While I see it's common for lenders to have higher free cash flow (though I don't understand the logic behind it, it's free cash flow, not free cash machine). But with such a low ratio for some good companies, it doesn't make sense. Is this a good opportunity or just a common phenomenon?

Unlock the rest of this article with a 14 day trial

Unlock with Email
Unlock with Google

Already have an account?
Login here