Investmentmoat has an alarming numbers for FLT circled below.
However, upon verification with FLT quarterly reports, it's apparent the author did not use the average units to calculate Payout ratio, Earnings yield, and FCF yield for the FY.
FLT has enlarged its shareholder units in Q3 and also the corresponding NPI. That could be the cause of the unfavorable % in the 3 parameters.
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