Musings on Markets

FEBRUARY 16, 2024

In the context of valuing companies, and sharing those valuations, I do get suggestions from readers on companies that I should value next. Applications : When valuing businesses in developed markets, we tend to assume that these businesses have insured themselves against most catastrophic risks and ignore them in valuation consequently.

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Creative CFP

AUGUST 31, 2022

For South African business owners, the economic stability of Europe coupled with business-friendly legislation makes the continent a desirable place for expansion. While these companies operate in the same industry, we found the comparative valuations to be vastly different.

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CFO Network

SEPTEMBER 2, 2021

But did you know that business valuation can give you more insight into your business than just the economic value? Keep reading to learn more about why business valuation is such an important process for every business. Business valuation is the best way to get proof of how well your business is doing year to year.

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PYMNTS

SEPTEMBER 18, 2020

Say what you might about the bifurcation between public markets and economic conditions – where stocks go up even as unemployment remains high and consumer spending may be sputtering. What shall we make of private fundraising rounds that make valuation leaps, tacking on billions of dollars with each new capital raise? With the $14.5

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PYMNTS

DECEMBER 3, 2020

The company's valuation after this funding round is now 1.2 The new valuation is lower than the previous one, so industry observers see this as a down round, TechCrunch reported, and the previous valuation may have been overheated since the pandemic skewed things for businesses globally. The company also now has over 4.8

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Musings on Markets

APRIL 21, 2022

billion I estimated in 2021 (year 8 in my IPO valuation) as revenues in my IPO valuation of the company in November 2013, and its operating margin, even with generous assumptions on R&D, was 19.02% in 2021, still below my estimate of 19.76% in that year. billion, well below the $9.6

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Musings on Markets

MAY 7, 2023

I also used the banking framework to argue that good banks have stickier deposits, with a higher precent of these deposits being non-interest bearing, that they invest in loans and investment securities on which they earn interest rates that cover and exceed the default risk in these investments. All Equity, All the time!

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Nerd's Eye View

JULY 5, 2023

stocks has led to the favoritism of ‘local’ investments over international ones through behavioral biases (e.g., However, despite recent market trends, there is a legitimate case to be made for international diversification – starting with the basic tenet of investing that past performance does not promise future returns.

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CFO News Room

JANUARY 10, 2023

In this post, I will begin with a quick review of my 2021 valuation, then move on to the price action in 2021 and 2022 and then update my valuation to reflect the company’s current numbers. . My IPO Valuation. I valued Zomato, soon after it filed its prospectus for its initial public offering, in July 2021.

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Musings on Markets

FEBRUARY 8, 2024

That bias notwithstanding, these seven companies have been extraordinary investments, not just in 2023, but over the last decade, and there are lessons that we can learn from looking at the past. First, let's look at the performance of these seven stocks in 2023, when their collective market capitalization increased by a staggering $5.1

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Marketing Valuation Profit and Loss Advertising 115

Musings on Markets

OCTOBER 12, 2023

In response, I have been told that the problem is not with the idea of ESG, but in its measurement and application, and that impact investing is the solution to both market and society's problems. It is human nature to want to make the world a better place, but does impact investing have the impact that it aims to create?

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PYMNTS

SEPTEMBER 26, 2018

Stripe, the payments startup, has raised $245 million in a new round of venture funding, giving the company a valuation of $20 billion. Stripe’s latest fundraising also underscores the strong environment for startups to raise money and garner huge valuations.

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PYMNTS

SEPTEMBER 19, 2019

FinTech Stripe is raising $250 million in its latest funding round and has reached a pre-money valuation of $35 billion, according to a release on Thursday (Sept. We’re investing now to build the infrastructure that’ll power internet commerce in 2030 and beyond.

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Musings on Markets

AUGUST 15, 2023

In every introductory finance class, you begin with the notion of a risk-free investment, and the rate on that investment becomes the base on which you build, to get to expected returns on risky assets and investments. What is a risk free investment?

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Investments Currencies Treasury Hurdle Rate 80

CFA Institute

APRIL 28, 2021

The authors set out the core principles of valuation and offer a guide to measuring a company's value.

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PYMNTS

SEPTEMBER 18, 2020

Say what you might about the bifurcation between public markets and economic conditions – where stocks go up even as unemployment remains high and consumer spending may be sputtering. What shall we make of private fundraising rounds that make valuation leaps, tacking on billions of dollars with each new capital raise? With the $14.5

Valuation 56

Valuation Banking Startups Economics 56

CFO News Room

JANUARY 27, 2023

Another is that when valuing companies, I am, in addition to valuing a company to see if it is fairly priced, interested into the broader insights about business and valuation that emerge from the company. per share in 2022. Growth potential : I underestimated the company’s capacity to grow, by limiting its product reach.

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PYMNTS

JULY 23, 2019

The Series D funding round tips Bird’s valuation above the $2.3 billion where it was pegged last year, double the startup’s previous valuation, three people with knowledge of the deal told reporters on Monday (July 22). The Santa Monica-based eScooter rental service Bird is being valued at $2.5

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Barry Ritholtz

APRIL 7, 2023

American Prospect ) see also Six Ways Existing Economic Models Are Killing the Economy : The alleged science doesn’t match up to the real world. Known as the Dean of Valuation, he teaches Corporate Finance and Valuation to the MBA students at Stern where he has been voted “Professor of the Year” by the graduating M.B.A.

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PYMNTS

SEPTEMBER 20, 2019

You’d be forgiven for thinking that the WeWork IPO – rather, the shelving of that IPO , at least for now – heralds the end of rich valuations for firms viewed as entrenched in the early stages of disruption. The shelving shows that investors are increasingly worried about how at least some “new economy” firms can weather economic cycles.

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CFA Institute

JANUARY 11, 2019

Intangible assets are increasingly critical to corporate value, and new valuation methods need to be deployed to accurately calculate their worth.

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Valuation Performance Measuring Financial Analysis Economics 63

Future CFO

JANUARY 9, 2022

Global M&A to remain strong in 2022 as valuations reach historic highs, said Willis Towers Watson (WTW) recently. However, high valuations, deal complexity, competition for high-quality assets and pandemic-fuelled supply chain disruption will continue to have knock-on consequences for dealmakers, he noted. M&A cycles changing.

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CFO News Room

NOVEMBER 24, 2022

Deere said it benefited from positive farm fundamentals and increased infrastructure investment. Autodesk noted a challenging economic environment and said customers were more reluctant to sign longer-term contracts. in the premarket after Citi upgraded the stock to neutral from sell, citing valuation. Its stock jumped 4.2%

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PYMNTS

OCTOBER 30, 2018

Coinbase, the cryptocurrency exchange operator, has raised a fresh round of funding that gives it a valuation of more than $8 billion. “ Coinbase is, and will remain, a crypto-first company.

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PYMNTS

MARCH 12, 2020

The coronavirus could have far-reaching effects on the workplace, investing and tourism. Meanwhile, as American stocks plummet amid concerns regarding the coronavirus’s economic impact, Microsoft ’s and Apple ’s valuations of more than $1 trillion could be put into jeopardy, Bloomberg reported. trillion apiece.

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Future CFO

FEBRUARY 7, 2024

Global instability and economic uncertainty The geopolitical landscape, marked by conflicts in Ukraine and Israel, remains a significant source of uncertainty heading into 2024. Liquidity risk, driven by rising rates and borrowing costs, remains a key challenge for medium-sized and investment-grade companies.

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CFO News Room

JANUARY 7, 2023

Data: Trickle to a Flood! It is perhaps a reflection of my age that I remember when getting data to do corporate financial analysis or valuation was a chore. That said, to use mean reversion in analysis or investing, you need to know what these averages are, either over time or across companies, and data can help in that pursuit. .

Marketing 130

Marketing Valuation Corporate Finance Financial Analysis 130

Barry Ritholtz

APRIL 11, 2023

Wall Street Journal ) see also Take ‘Potential Winners’ With a Grain of Salt : Investment fads are nothing new, as the Salton Sea’s mid-century boom-turned-bust shows—a timeless lesson. His textbook “ Investment Valuation ” is the standard in the field. class nine times.

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CFO News Room

JANUARY 17, 2023

As the world’s attention is focused on the war in the Ukraine, it is the human toll, in death and injury, that should get our immediate attention, and you may find a focus on economics and markets to be callous. Ukraine, a part of the Soviet Union, has had its shares of ups and downs, and its economic footprint is even smaller.

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Musings on Markets

NOVEMBER 1, 2023

As the price dropped below $200 today (October 30,2023), I decided that it was time for me to revisit and revalue the company, taking into account the news, financial and other, that has come out since my last valuation in January 2023, and to understand the dueling stories that are emerging about the company.

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CFA Institute

JANUARY 28, 2020

The real valuation problems today are much more evident in private equity markets, says Jason DeSena Trennert.

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CFA Institute

MAY 29, 2020

Don't abandon valuation fundamentals during the COVID-19 crisis, says Aswath Damodaran.

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CFA Institute

JULY 27, 2020

Are investors correctly pricing expected future growth in the current valuations of MNC companies and their parents?

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CFO News Room

JANUARY 23, 2023

At the start of 2022, it feels like Groundhog Day, with the same questions about economic growth and inflation looming for the year, and the same judgment about stocks, i.e., that they look expensive.

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PYMNTS

DECEMBER 19, 2019

While the fast growth of Vietnam has brought in large technology firms, Chinese companies have to operate with caution, as tensions can kindle anti-Chinese sentiment in spite of the deep economic bonds linking the nations. Over the past five years, the Chinese firm has invested in 160 firms. billion users worldwide as of June.

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PYMNTS

MARCH 19, 2020

Private deals are facing interruptions due to new economic risks, while “shelter in place” limitations are rendering it impossible to assess startups face-to-face in the same physical setting. Valuations in tech are based on expansion going forward.

Investments 56

Investments Valuation Startups Economics 56

Musings on Markets

JULY 27, 2022

In this post, I will begin with a quick review of my 2021 valuation, then move on to the price action in 2021 and 2022 and then update my valuation to reflect the company's current numbers. My IPO Valuation I valued Zomato, soon after it filed its prospectus for its initial public offering, in July 2021. 76 per share.

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Valuation Investments Currencies Marketing 81