1$S&P 500(.SPX)$ sector performance in 2022
2.In an increasing interest rate environment, the ability to generate FCF becomes even more important for growth names.
Not every company deserves a 20x FCF multiple but for some context, here are 12 company valuations based purely on this metric.
$Meta Platforms, Inc.(META)$ $Apple(AAPL)$ $Microsoft(MSFT)$ $Amazon.com(AMZN)$ $Alphabet(GOOG)$ $Alphabet(GOOGL)$ $Netflix(NFLX)$ $Tesla Motors(TSLA)$ $NVIDIA Corp(NVDA)$ $Visa(V)$ $PayPal(PYPL)$ $T-Mobile US(TMUS)$ $Coca-Cola(KO)$ 
I am not doing discounted FCF analysis to get the equity value. I am comparing 20xFCF multiple+equity to MC.
3.KO$Coca-Cola(KO)$ trades at ~25 FWD P/E and ~27 P/FCF AAPL$Apple(AAPL)$ trades at ~18.5 FWD P/E and ~19.5 P/FCF.
To me, if there is one company that deserves premium pricing over any other company, it's AAPL.
Maybe AAPL is undervalued, or maybe KO is overvalued?
https://twitter.com/Gugo907/status/1611159169565970435
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