Cash Efficiency is King… is back

Over the past year, the markets have gone all-in growth and a “growth-at-all-costs” drove valuation multiples higher. Well, for a number of reasons, the market’s position on growth has somewhat broken free from that unconstrained mentality.

Guggenheim releases a great monthly report on these market trends and the takeaways on the second page below show the most important update: the market is finally re-aligning to cash efficient growth. At Energize we like to say either “Cash is King” or “Cash Efficiency is King” … so we welcome some of this return to normalcy.