The Mañana Man Gets Serious--DeWese

These companies then, as a result of satisfying the customer and employee constituencies, earn superior profits. All valuation methods eventually emanate from profitability. Valuable printing companies also have histories of consistent profitability and have what is known as "quality of earnings." Quality of earnings implies that a company's earnings are not vulnerable to precipitous reductions, nor are they short term in nature. The more valuable companies have proven, year after year, that they are capable of earning superior profits.