Westinghouse Air Brake Technologies (WAB) Stock Looks Near Fair Value On Cash Flow But Rich On Earnings

Westinghouse Air Brake Technologies stock has delivered very strong long term returns over the past five years, yet the valuation checks suggest it no longer looks like a clear bargain, with the intrinsic value estimate from a Discounted Cash Flow (DCF) model sitting close to the current share price while earnings based multiples lean expensive. Over the past five years, Westinghouse Air Brake Technologies has returned 237.1% which sets a high bar for any further upside to be justified by...