After Q4 earnings, Alphabet Inc. remains the cheapest name in my beaten-down 4. See why I think it may be a while before we get deals like this for GOOG ...
Either way, the digital advertising businesses of Google/Alphabet are invaluable and would receive a much higher multiple to EBITDA than what we pay for Google stock currently in my opinion. remains one of the best-managed businesses in the world. Not as cheap as it used to be, but I reiterate buy for GOOG with a PT of $120. According to my brokerage, Alphabet has a return on assets of 22.4%, a return on equity of 32%, and a return on invested capital ROIC of 28.94%. A slew of spinoffs as from the old AT&T ( Still loads of cash at $116 Billion, a debt-to-equity ratio of 11.57%, and a current ratio of 2.52 X. While much of the market value of Alphabet Inc., especially at its peak capitalization, was based on a bubble mentality, you still had the option of realizing a huge return if you chose to do so. are still growing on a TTM basis while the [bottom line](https://abc.xyz/investor/static/pdf/2022Q4_alphabet_earnings_release.pdf?cache=9de1a6b) is slowing. Total revenues came in slightly ahead of 2021, with ad revenue down a couple of billion dollars and cloud services up a couple of billion to offset that decline. Since retained earnings is a cumulative number on the balance sheet, the most recent TTM number will be your total retained earnings number. [GOOG](https://seekingalpha.com/symbol/GOOG), NASDAQ: [GOOGL](https://seekingalpha.com/symbol/GOOGL)) ("Google"), Amazon ( [AMZN](https://seekingalpha.com/symbol/AMZN)), Meta Platforms ( [META](https://seekingalpha.com/symbol/META)), and Microsoft Corporation ( [MSFT](https://seekingalpha.com/symbol/MSFT)). On the other hand, digital advertising and e-commerce are seeing a downturn leading to a sell-off in my favorite tech names.