Musings on Markets

FEBRUARY 8, 2024

Operating Performance/Profitability Narrative : While it is easy to attribute rising stock prices entirely to mood and momentum, the truth is that momentum has its roots in truth. I agree, but I remain a believer that intrinsic valuation is the only tool that you have for assessing whether g.

Marketing 141

Marketing Valuation Profit and Loss Advertising 141

Nerd's Eye View

APRIL 3, 2024

As has been the case for the past several quarters, the prevailing characteristic of the economy is one of bifurcation, with interest rate-sensitive sectors remaining in a recession (as evidenced by the manufacturing sector's 16-month-long contraction), while the services sector (which accounts for nearly 80% of U.S. GDP) continues to expand.

Economics 97

Economics Marketing Valuation Profit and Loss 97

Musings on Markets

SEPTEMBER 5, 2024

While it is just one quarter, there are clear signs of more slowing to come, as scaling will continue to push revenue growth down, the unit economics will be pressured as chip manufacturers (TSMC) push for a larger slice and operating margins will decrease, as competition increases.

Marketing 135

Marketing Valuation Profit and Loss Forecasting 135

Musings on Markets

OCTOBER 6, 2023

The Value of Intangible Assets Accounting has historically done a poor job dealing with intangible assets, and as the economy has transitioned away from a manufacturing-dominated twentieth century to the technology and services focused economy of the twenty first century, that failure has become more apparent.

Valuation 128

Valuation Profit and Loss Accounting Investments 128

Musings on Markets

JULY 22, 2021

The primary attraction of the company, to investors, comes not from its current standing (modest revenues and big losses), but from its positioning to take advantage of the potential growth in the Indian food delivery market.

Marketing 99

Marketing Valuation Profit and Loss Advertising 99

Musings on Markets

OCTOBER 19, 2021

It extends into materiality, by reframing that concept in terms of value, rather than profits, and connecting it to disclosure, with disclosure requirements increasing proportionately with the value effect. One size (does not) fit all!

Profit and Loss 96

Profit and Loss Accounting Numbers Marketing 96

Future CFO

FEBRUARY 5, 2023

While M&A value dropped dramatically in 2022, a loss of 36% in deal value, Bain’s report confirms that deal activity continues to be a central corporate strategy for growth and profitability. Five M&A themes to watch According to the report, Bain has identified five M&A themes to watch this year.

Mergers and Acquisitions (M&A) 52

Mergers and Acquisitions (M&A) Profit and Loss Healthcare Valuation 52

CFO News Room

NOVEMBER 5, 2022

In the next post, I will use Facebook’s most recent earnings surprise to talk about inconsistencies in how accountants categorize corporate spending, and why these inconsistencies can skew investors perceptions of corporate profitability and financial health. billion in the third quarter of 2022. .

Marketing 130

Marketing Advertising Profit and Loss Investments 130

Global Finance

MAY 10, 2024

Manufacturing shows promising signs of recovery while nearshoring and friendshoring in new markets are becoming stronger trends. Greenfield project announcements dipped 6% in number but grew by 6% in value, driven in part by more encouraging numbers in the manufacturing sector. At an estimated $1.37

Mergers and Acquisitions (M&A) 52

Mergers and Acquisitions (M&A) Manufacturing Profit and Loss Investments 52

Musings on Markets

NOVEMBER 4, 2022

In the next post, I will use Facebook's most recent earnings surprise to talk about inconsistencies in how accountants categorize corporate spending, and why these inconsistencies can skew investors perceptions of corporate profitability and financial health. billion in the third quarter of 2022.

Advertising 106

Advertising Profit and Loss Investments Marketing 106

PYMNTS

MAY 25, 2016

billion valuation and shares trading at $14-16 a share. At its post-IPO valuation and share price, Etsy was roughly 52 times its adjusted earnings. A pretty impressive feat, considering at the time of its IPO Etsy wasn’t actually profitable yet. A little over a year ago, Etsy IPOed, mostly to a round of applause.

Profit and Loss 40

Profit and Loss Problem Solving Valuation Sales 40

Barry Ritholtz

DECEMBER 5, 2023

We hope that we can invest behind and see stability so that there won’t be a loss of capital 00:28:00 [Speaker Changed] And, and above average GDP 00:28:02 [Speaker Changed] Growth. How, how are the higher rates affecting valuations amongst private companies? The auditors look at those valuations.

Mergers and Acquisitions (M&A) 69

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

Musings on Markets

JUNE 23, 2023

In the last four decades, computer chips have become part of almost everything we use, from appliances to automobiles, and the companies that manufacture these chips have seen their fortunes rise, and sometimes be put at risk, as technology shifts. Sustained Profitability, with Cycles! From High Growth to Maturity!

Valuation 104

Valuation Profit and Loss Investments Marketing 104

Musings on Markets

DECEMBER 10, 2023

Of course, and with small businesses, especially those built around personal services (a doctor or plumber’s practice), it is part of the valuation process, where the key person is valued or at least priced and incorporated into valuation. Who is a key person?

Valuation 130

Valuation Profit and Loss Entertainment Investments 130

Barry Ritholtz

JULY 24, 2023

The fact that you’ve got declining risk appetite, declines are prolonged, deep and valuations mean revert. The second, and what’s interesting about that period, is the fact that valuations actually peaked in 1961. MIAN: Valuations are ebb and flow. Manufacturing seems to be bottoming with ISM where it is right now.

Marketing 52

Marketing Construction Valuation Investments 52

Barry Ritholtz

OCTOBER 8, 2024

And I think what I’m trying to imply is there’s a lot of informational value that’s already held within the valuations where these equities are trading that you can calculate, you know, a sense of the implied market probability of success for an opportunity for a company. There, 00:10:35 [Speaker Changed] There is.

Healthcare 57

Healthcare Investments Pharmaceutical Profit and Loss 57

Barry Ritholtz

MARCH 12, 2024

And so, so we sort of felt pretty stupid for a while because we did a lot of losing trades in 2006 that were the, you know, that obviously didn’t come to fruition until the actual people could see the losses. So in mortgages, the borrower can stop paying maybe a year to two years before the lenders actually book a loss.

Profit and Loss 57

Profit and Loss Investments Marketing Securities 57

PYMNTS

MARCH 7, 2016

Lately, though, they’re probably tossing and turning over the difficulties with raising capital coupled with the simultaneous descent of their venture’s valuations. And whether, if one and two come true, there’s a business model underneath all of it to profit from. ARE WE SOLVING THE RIGHT PROBLEMS FOR THE RIGHT PEOPLE?

Banking 46

Banking Profit and Loss Retail Manufacturing 46

Barry Ritholtz

JUNE 3, 2024

Now you have to assume some losses. Barry Ritholtz : And these bonds are still profitable Jeffrey Sherman : And they don’t break, like they, they don’t, they don’t, they don’t lose money, especially at 50 cents on dollar. And you know, it’s the same thing when valuation gets outta control too.

Math 57

Math Marketing Treasury Valuation 57