Good growth forecasts key to good valuations

Business Valuation UpdateVol. 4 No. 5
May 1998
beta, build-up method


It has been six years since Fama and French (F&F) published their seminal paper, "The Cross-section of Expected Stock Returns," The Journal of Finance, June, 1992, which examined the effect that firm size and the book to market ratio had on predicting stock returns.