Musings on Markets

SEPTEMBER 1, 2021

For the last two decades, China has been the dominant story for both the global economy and capital markets, as the country's immense growth and infrastructure investments have sustained commodity prices, and altered the balance of world economic power.

Valuation 98

Valuation Economics Marketing Investments 98

CFO News Room

NOVEMBER 11, 2022

That skewing can affect valuation and pricing judgments about these firms, and correcting accounting inconsistencies is a key step towards leveling the playing field. To the extent that these numbers are used in computing financial ratios, it will affect your measures of operating income and return on invested capital.

Accounting 130

Accounting Marketing Advertising Valuation 130

PYMNTS

OCTOBER 2, 2020

Despite — or perhaps because of — the pandemic, a number of strategic and financial deals are taking shape. There are a lot of companies coming into this space that are very well-capitalized” and willing to make deals where, for example, venture capital firms may be pulling back a bit amid so much economic uncertainty.

Mergers and Acquisitions (M&A) 110

Mergers and Acquisitions (M&A) Valuation B2B Economics 110

CFO News Room

JANUARY 18, 2023

Even though we live in an age where user platforms and hyper revenue growth can drive company valuations, that adage remains true. The last few years have been eventful for all companies, with the COVID crisis and ensuing economic shut down causing pain for companies, with recovery coming in 2021, as the global economy opened up again.

Marketing 130

Marketing Hurdle Rate Investments Accounting 130

CFO News Room

JANUARY 26, 2023

An economic adviser in the Obama White House, David] Kamin isn’t the only one struck by a foreboding sense of déjà vu. Still, they have been relieved about another shift: His phone now sends calls that are not from numbers in his contacts to voicemail, according to two people familiar with the change. Lower, naturally.)

Manufacturing 130

Manufacturing Economics Communication Healthcare 130

PYMNTS

SEPTEMBER 6, 2019

Whether WeWork – specifically, the parent company We, though we’ll use the names a bit interchangeably – files to go public at a reduced valuation, delays its IPO or scraps it altogether, there may be some handwriting on the wall. Suddenly, that Goldilocks scenario seems less a guarantee, as economic data hints at recession.

Valuation 40

Valuation Economics eCommerce Leverage 40

PYMNTS

AUGUST 10, 2020

And several of them are affecting the retail industry. And judging from the continuing proliferation of videos on social media, the ability for retailers to enforce even the minimum safety standards of mask-wearing is risky business for employees. That line of thinking also leads to the counter-currents of retailing.

Benchmarking 59

Benchmarking Retail Valuation eCommerce 59

CFO News Room

DECEMBER 10, 2022

We also have a number of articles on cashflow management: How advisors can help couples navigate the decision of whether to combine their finances or keep them separate. Executive Summary. The key questions aspiring partners can ask themselves to determine whether becoming a partner in their firm is the right course for them.

Mergers and Acquisitions (M&A) 130

Mergers and Acquisitions (M&A) Planning Valuation Accounting 130

PYMNTS

AUGUST 10, 2020

No matter where you look, the pandemic has put up serious barriers to economic growth – and at the same time, has forced business models to pivot from in-person, face-to-face interactions toward digital offerings. Parsing the Numbers at MoneyGram and Western Union.

Valuation 78

Valuation Economics CFO Currencies 78

PYMNTS

JUNE 7, 2019

Certainly so, if a significant number of transactions are denied in the wake of the Strong Customer Authentication (SCA) debut in September. Chewy valuation: Pets are big business, with a mastiff-sized initial public offering (IPO) looming. PetSmart aims to take its online venture public at a valuation of around $7 billion.

Valuation 40

Valuation Transportation Banking Communication 40

Musings on Markets

NOVEMBER 10, 2022

That skewing can affect valuation and pricing judgments about these firms, and correcting accounting inconsistencies is a key step towards leveling the playing field. Accounting 101 I am not an accountant, and have no desire to be one, but I have used their output (accounting statements) as raw material in valuation and corporate finance.

Accounting 74

Accounting Advertising Valuation Investments 74

PYMNTS

OCTOBER 22, 2020

This has all accelerated during the pandemic, and the economic uncertainty has created additional stress for retailers and consumers.”. And now, it seems, the startup is looking to widen its purview beyond retail transactions and move into offering banking services to its large, and highly loyal, consumer base.

Budgeting 77

Budgeting Retail Startups Valuation 77

Musings on Markets

FEBRUARY 4, 2023

Given the historical roots of the biggest Indian family groups, the Adani Group has been a recent entrant, not making the top ten list (in terms of either operating metrics like revenues or market-based numbers like market capitalization or enterprise value) as recently as ten years ago, and barely making the top ten list five or six years ago.

Investments 100

Investments Valuation Auditing Restructuring 100

CFO News Room

FEBRUARY 5, 2023

Given the historical roots of the biggest Indian family groups, the Adani Group has been a recent entrant, not making the top ten list (in terms of either operating metrics like revenues or market-based numbers like market capitalization or enterprise value) as recently as ten years ago, and barely making the top ten list five or six years ago.

Marketing 130

Marketing Investments Auditing Restructuring 130

CFO News Room

DECEMBER 13, 2022

Often business models are borne out, not just on a unit economics, but become profitable by dent of scale. When you have find opportunity, you figure out how to exploit it for all of its potential economic value. And by the way, in economic terms and unit economic terms, you can support. You look for opportunity.

Startups 100

Startups Economics Manufacturing Marketing 100

PYMNTS

OCTOBER 29, 2018

Paytm Mall, which launched in April of 2017, has raised $640 million and commands a valuation of $2.23 That comes, reported The Economic Times, as the total number of transactions was up 30 percent month on month in September, to nearly 406 million transactions, estimated the National Payments Corporation of India (NPCI).

Communication 55

Communication Valuation eCommerce Economics 55

CFO News Room

NOVEMBER 5, 2022

In the third and final post, I will argue that Facebook’s troubles with the market have as much to do with a failure of narrative, as they are about disappointing numbers, and present a template for what the company needs to do, to reclaim the high ground.

Marketing 130

Marketing Advertising Profit and Loss Investments 130

Musings on Markets

FEBRUARY 27, 2022

Even though we live in an age where user platforms and hyper revenue growth can drive company valuations, that adage remains true. The last few years have been eventful for all companies, with the COVID crisis and ensuing economic shut down causing pain for companies, with recovery coming in 2021, as the global economy opened up again.

Hurdle Rate 80

Hurdle Rate Investments Accounting Entertainment 80

Musings on Markets

JANUARY 29, 2021

In the last ten years, the game has changed, for a number of reasons that I will talk about later in this post, but the company where this changed dynamic has played out most effectively has been Tesla. After the spectacular price run up in the last two weeks, though, there is no valuation justification left.

Profit and Loss 52

Profit and Loss Valuation Investments Sales 52

CFO News Room

JANUARY 26, 2023

Implications for Investors I have long argued that when investing in young tech companies, you are investing in a story about the company, not an extrapolation of numbers. The compressed corporate life cycle, and the potential for CEO/company mismatches that it creates, adds a layer of additional uncertainty to valuation.

Marketing 130

Marketing Valuation Manufacturing Investments 130

Barry Ritholtz

DECEMBER 5, 2023

So, so let’s talk a little bit about your, your background ba in economics from Dartmouth. ’cause then I figure I could always be employed either managing the numbers or doing law and get those two degrees. It was America’s largest retailer. It’s a pleasure to be here. You get a Stanford MBA.

Mergers and Acquisitions (M&A) 69

Mergers and Acquisitions (M&A) Investments Valuation Numbers 69

PYMNTS

JANUARY 28, 2019

Apple faces a very different reception from the market on the eve of its previous earnings report , when its valuation had just topped the trillion-dollar mark and its newest class of iPhones had just hit the market. As for the numbers, the Street is forecasting earnings per share of $4.17, on revenue of $84.035 billion.

Sales 46

Sales Valuation Forecasting Numbers 46

Musings on Markets

NOVEMBER 4, 2022

In the third and final post, I will argue that Facebook's troubles with the market have as much to do with a failure of narrative, as they are about disappointing numbers, and present a template for what the company needs to do, to reclaim the high ground.

Advertising 98

Advertising Profit and Loss Investments Marketing 98

Musings on Markets

OCTOBER 19, 2021

When disclosure laws were first written in the aftermath of the great depression, they were focused on the publicly traded firms of the time, a mix of utilities, manufacturing and retail firms. I don’t think so, but you can see why the company was tempted to go with that inflated number to push a “big market” narrative.

Profit and Loss 70

Profit and Loss Accounting Numbers IFRS 70

PYMNTS

SEPTEMBER 8, 2017

CNBC notes cities and states love tech companies because of the jobs they create and the overall economic boost they can give to a region. trillion valuation within the decade — another number built on the Whole Foods acquisition and AWS growth. Far-Out Forecast.

Valuation 44

Valuation Forecasting Economics eCommerce 44

PYMNTS

MARCH 5, 2018

By offering QR-based digital payments, smaller retailers can achieve these goals and create greater customer stickiness with little to no investment beyond the phone they already have,” said Jorn Lambert, EVP, Digital Channels and Regions, Mastercard. billion in a post-money valuation, according to estimates. DoorDash may be worth $1.4

Valuation 43

Valuation Startups Manufacturing Banking 43

Musings on Markets

DECEMBER 10, 2021

Implications for Investors I have long argued that when investing in young tech companies, you are investing in a story about the company, not an extrapolation of numbers. The compressed corporate life cycle, and the potential for CEO/company mismatches that it creates, adds a layer of additional uncertainty to valuation.

Valuation 83

Valuation Manufacturing Investments Marketing 83

Barry Ritholtz

MARCH 20, 2024

Barry Ritholtz : So let’s break that into two halves, starting with valuation. Explain why P/E isn’t the best way to measure valuation. And everyone answers for, except for the person they hire, whose answer was, what number did you have in mind? We are looking historically at ideas that make economic sense, right?

Investments 61

Investments Benchmarking Valuation Math 61

Barry Ritholtz

AUGUST 29, 2023

Few people are in a position to see what’s going on in the world of investing, whether it’s institutional or retail, better than Vanguard CIO. And it worked out and had multiple job offers coming out of school from a number of different insurance companies. So a variety of risk meetings, a variety of economic meetings.

Investments 52

Investments Benchmarking Valuation Construction 52

Barry Ritholtz

MAY 7, 2024

She has a number of investments as as really a entrepreneur and a venture investor. You know, we look at these economic busts or these market crashes, and it’s obvious in hindsight what spectacular opportunities there they were. I went in there and the valuation was below a billion dollars. Barry Ritholtz : Huh.

Advertising 57

Advertising Startups Technology Investments 57

PYMNTS

APRIL 15, 2019

Uber’s valuation is pegged at $100 billion. Lyft’s valuation is less than 20 percent of that. Cities were built for people and not cars, they note, and the sheer number of vehicles on the road has turned that upside-down. Back then, many put the two in the same bucket: competitors for the consumer’s retail spend online.

Transportation 73

Transportation Healthcare Economics Leverage 73

PYMNTS

JANUARY 15, 2021

In today’s top news, Poshmark has more than doubled its valuation after its IPO on Thursday, and Goldman Sachs is teaming with Marqeta to power digital checking accounts for Marcus. Nasdaq Debut Gives Poshmark More Than Double Valuation. Decoding QR Codes: Retailers Embrace Simple, Secure Touchless Payments Option.

Valuation 56

Valuation Currencies Securities Accounting 56

PYMNTS

JUNE 14, 2019

True, the ongoing trade war has had its ripple effects across all manner of commerce, across verticals spanning agriculture and luxury retail. to hit a bit of a pause button on hiring, as evidenced by last week’s numbers. by economic saber rattling. It may (or may not) have caused businesses in the U.S. stock exchanges.

Transportation 40

Transportation Valuation Economics Marketing 40

PYMNTS

APRIL 7, 2016

Economic fears may have quieted in the absence of daily headlines over China and its own growth question, but that question is far from answered. So, valuations are enough to start people thinking or sweating … and possibly, selling. But is enough getting baked in? Oil prices will continue to be a sticking point.

Forecasting 40

Forecasting GAAP Valuation Marketing 40

PYMNTS

MARCH 12, 2018

The news comes about a year after Peloton Interactive , the stationary bike startup that connects consumers with virtual spin classes, was reportedly looking to raise $120 million at a valuation of $1.2 billion, people familiar with the company told Bloomberg.

Valuation 40

Valuation Startups Planning Economics 40

Barry Ritholtz

FEBRUARY 13, 2023

And like I say, that’s part of why it’s translated to a number of people coming to BlackRock and be with me today. RIEDER: So I had known Larry Fink and Rob Caputo, our CEO and president, for a number of years. And you know, it’s been an honor to have a number of awards to it. So yeah, man, that was the idea.

Mergers and Acquisitions (M&A) 57

Mergers and Acquisitions (M&A) Investments Marketing Education 57

Barry Ritholtz

SEPTEMBER 5, 2023

And I literally put the entire Schedule A, which is the pricing square footage unit numbers in a Hewlett Packard 41B using bit mapping. And we’d sort of turn that into a valuation business. Everybody knew the number but the appraiser. What are the, you know, I’d literally have it in my handheld. Just keep it fair.

Sales 52

Sales Marketing Numbers Construction 52