Hi, two things I wanted to point out.
1) OSV isn't listing Amazons R&D expense and that will eschew the valuations like EBIT, understandably.
2) Some of the stocks show a 0 for TTM.
But thank you for your hard work and continued commitment to OSV! Have a great Holiday! God Bless.
Unfortunately, AMZN doesn't list an R&D expense in its financial statements. Here's a link to their latest 10-K:
You can see that they list a "Technology and content" expense on their income statement, and one of their notes mentions that this includes their company-sponsored R&D expense, but it would be impossible to know what is R&D and what is content, among other things. Like Netflix, I'm sure they're spending a lot on content. There's no way for us to systematically know what's R&D, content, or other technology. However, those expenses are included in our other operating expense lines, and thus would be deducted from EBITDA and EBIT. Unless you're adding back R&D for some reason, this shouldn't affect DCF or EBIT multiples valuations.
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