Unlevered FCF (SF.CF.UnleveredFCF)
Unlevered FCF (SF.CF.UnleveredFCF) is defined as FCF increased by the tax shield provided by net non-operating interest expense (income).
Unlevered FCF (SF.CF.UnleveredFCF) is defined as FCF increased by the tax shield provided by net non-operating interest expense (income).
Unlevered FCF Margin (%) (SM.UnleveredFCFMargin) returns the Unlevered Free Cash Flow (i.e., pre-interest expense, a.k.a Free Cash Flow to the Firm) relative to revenue. It is defined as the Cash Flow from Operations adding back Net Interest Expense less Capex (capex includes PP&E but also Intangibles and Software development costs)…