Stock Stories

Ford is one of the largest automakers in the world and is famous for its brands such as the Ford F-Series, Mustang, and many others.  It is the largest family owned business in the world and makes cars, trucks, and other vehicles.  Below are some notes from my analysis:Current share price in October 2018: around $9.20 per shareTotal shares outstanding as of 2Q 2018: 3,998,000,000 sharesSo total market cap right now is about $38 billionExpected earnings in 2018 to be $1.30-$1.50 per share, which is a P/E of 6-7xCash net of debt (including marketable securities of Ford Motor Corp. but not of the credit business) is $9 billion.This equates to $2.25/share in cash, which is a decent amount.  Really though it is a negative cash position of -$115 billion when accounting for all short and long term debt on the balance sheet.  This is -$28.00/share in debt.The amount of net cash the company had in 1987, when Peter Lynch wrote about it, was $8.3 billion.  So the cash position has gone up and down over time, but is sign