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Price to FCF backtesting

Dear all
any ideas how to implement a backtest on, for example, large cap stocks with Price to FCF less than 15?
I came across this paper and it looks pretty interesting (and simple).
The author buys the DJIA components with Price to FCF less than 15 on January 1st and sells on December 31st.

http://www.academia.edu/1868711/Back-test_showing_the_power_of_Price_to_Free_Cash_Flow_in_the_Investment_Process_1950-2007

Thanks

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