CFO News Room

FEBRUARY 3, 2023

I wrote about my most recent valuation of Tesla just over a week ago , and as has always been the case when I value this company, I have heard from both sides of the Tesla divide. Based at least on the reactions, I have realized that some may be misreading my story and valuation, ore reacting just to a picture in a tweet.

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Valuation Investments Forecasting Numbers 130

Musings on Markets

JANUARY 10, 2025

In corporate finance and investing, which are areas that I work in, I find myself doing double takes as I listen to politicians, market experts and economists making statements about company and market behavior that are fairy tales, and data is often my weapon for discerning the truth.

Corporate Finance 120

Corporate Finance Valuation Numbers Finance 120

CFO Dive

MAY 12, 2022

The board is getting serious about improving accounting standards for digital assets even as a crypto market slump is hammering valuations.

Prioritization 273

Prioritization Accounting Standards Valuation Accounting 273

Musings on Markets

AUGUST 19, 2024

In fact, the business life cycle has become an integral part of the corporate finance, valuation and investing classes that I teach, and in many of the posts that I have written on this blog. In 2022, I decided that I had hit critical mass, in terms of corporate life cycle content, and that the material could be organized as a book.

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Corporate Finance Valuation Investments Finance 123

CFO News Room

JANUARY 15, 2023

On some measures of user engagement and influence, it has performed better than expected, but in the operating numbers measuring its success as a business, it has lagged, and the market has responded accordingly. Like Twitter, Snapchat had a rousing debut in the market, rising 40% to hit $24.48 Users: Numbers and Engagement.

Valuation 130

Valuation Advertising Numbers Education 130

CFO News

MAY 27, 2025

Anticipation of an upcoming IPO has propelled the National Stock Exchange of India's valuation to $58 billion in private markets, fueled by aggressive buying from wealthy investors. The exchange is also strategizing to regain market share in equity derivatives, aiming to surpass its competitor, BSE Ltd.

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Valuation Planning Marketing 40

VCFO

SEPTEMBER 21, 2023

Yet, this perception often differs from the view of the market. Owner’s opinions of their business value can be influenced by inherent biases, flawed valuation methodologies, and factors lurking beyond their control. Financial factors in valuation serve as indicators of your business’s capacity to generate revenue efficiently.

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Valuation Marketing Benchmarking CFO 84

CFA Institute

APRIL 3, 2025

Cathy Scott is a director of Research Product and Services and the editor of Enterprising Investor at CFA Institute.

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Valuation Marketing Economics Technology 52

Global Finance

APRIL 4, 2025

Fintech giant Klarna has filed a registration statement to the SEC to propose an IPO, potentially transforming the dynamics of the global payments market. Its valuation has also fluctuated, peaking at $46 billion in 2021 before rapidly declining to $6.7 This IPO has the potential to significantly impact the payments market.

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Marketing Valuation Finance Planning 52

CFO News

MAY 28, 2025

The Indian stock market closed in the red on Wednesday for the second consecutive day amid prevailing premium valuations and mixed global cues.

Marketing 52

Marketing Valuation 52

CFO News

JULY 19, 2024

Further, how does it impact investment decisions, market valuations, ease of doing business, and foreign investment? How is the Angel Tax affecting India's startup ecosystem?

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Valuation Marketing Startups Budgeting 75

CFO News Room

NOVEMBER 16, 2022

In my first two posts on Facebook, I noted that its most recent earnings report, and the market reaction to it, offers an opportunity for us to talk about bigger issues. As someone who has spent the last four decades talking, teaching and doing valuation that we have lost our way in valuation.

Marketing 130

Marketing Valuation Advertising Numbers 130

Global Finance

AUGUST 1, 2024

When valuations shift so drastically, it’s usually due to “a major event” or “a failed deal, or even a market correction,” Carl Niedbala, co-founder of risk management firm Founder Shield, said. “It’s It’s tough to pinpoint the perfect valuation,” he added, skeptical that it was indicative of a trend.

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Planning Marketing Valuation Corporate Finance 122

Musings on Markets

SEPTEMBER 5, 2024

Last Wednesday (August 28), the market waited with bated breath for Nvidia’s earning call, scheduled for after the market closed. This dance between companies and investors, playing out in expected and actual earnings, is a feature of every earnings season, especially so in the United States, and it has always fascinated me.

Marketing 136

Marketing Valuation Profit and Loss Forecasting 136

CFO News Room

DECEMBER 22, 2022

Starting in late January 2023, I will be back in the classroom, teaching valuation and corporate finance to the MBAs and valuation to the undergraduates, and these classes will continue through May 2023.

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Marketing Valuation Corporate Finance Finance 130

CFO News

MARCH 17, 2025

Manish Sonthalia of Emkay Investment Managers highlights the impact of macroeconomic changes on India's market, particularly regarding de-dollarisation and fiscal policies. Additionally, he emphasizes valuation concerns in capex stocks despite government initiatives.

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Valuation Investments Marketing 40

Musings on Markets

FEBRUARY 8, 2024

I was planning to finish my last two data updates for 2024, but decided to take a break and look at the seven stocks (Apple, Amazon, Alphabet, Meta, Microsoft, Nvidia and Tesla) which carried the market in 2023. In terms of dollar value added, Microsoft and Apple each added a trillion dollars to their market capitalizations, during the year.

Marketing 141

Marketing Valuation Profit and Loss Advertising 141

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 billion, with a value per share of $10.91.

Valuation 115

Valuation Advertising Numbers Education 115

Musings on Markets

OCTOBER 4, 2023

That recovery notwithstanding, uncertainties about inflation and the economy remained unresolved, and those uncertainties became part of the market story in the third quarter of 2023. The Markets in the Third Quarter Coming off a year of rising rates in 2022, interest rates have continued to command center stage in 2023.

Marketing 123

Marketing Treasury Valuation Investments 123

CFO News Room

JANUARY 25, 2023

During my teaching lifetime, I have taught a wide swath of classes, ranging from banking to equity instruments, but in the last twenty years, my focus has been on three classes, c orporate finance, valuation and investment philosophies , with the last one taught only online.

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Marketing Corporate Finance Valuation Finance 130

CFO News

MAY 28, 2025

on the BSE, with the company's market valuation declining by Rs 17,269.48 ITC shares plunged over 3% after British American Tobacco (BAT) divested a 2.5% stake in the company for Rs 12,927 crore. The stock settled at Rs 420.10 Following the transaction, BAT remains a significant shareholder with less than 23% stake in ITC.

Valuation 40

Valuation Marketing 40

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. Counter made-up numbers : It remains true that people (analysts, market experts, politicians) often make assertions based upon either incomplete or flawed data, or no data at all.

Marketing 130

Marketing Valuation Corporate Finance Financial Analysis 130

Musings on Markets

FEBRUARY 2, 2023

I wrote about my most recent valuation of Tesla just over a week ago , and as has always been the case when I value this company, I have heard from both sides of the Tesla divide. Based at least on the reactions, I have realized that some may be misreading my story and valuation, ore reacting just to a picture in a tweet.

Valuation 99

Valuation Investments Forecasting Numbers 99

E78 Partners

MARCH 3, 2025

Yet many middle-market companies continue to explore opportunities to go public. After a challenging IPO market from 2022 to 2023, conditions have certainly improved. However, while market sentiment is improving, IPO readiness requires more rigorous preparation than ever before.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) GAAP Marketing Compliance 52

CFA Institute

AUGUST 10, 2023

Prior to joining Northern Trust, he was a research analyst at Nuveen Investments where he co-managed two income funds and worked on asset valuation and asset allocation research. Fang has worked in quantitative finance since 2009 and specializes in quantitative research, portfolio management, and risk modeling.

Marketing 52

Marketing Valuation Risk Management Investments 52

Nerd's Eye View

OCTOBER 4, 2023

At a high level, we're currently seeing a 'tale of 2 economies': While the market for services has expanded steadily since the beginning of the year (with both employment and the price of services growing in kind), the U.S. manufacturing sector, by the measures of employment and service prices, has been in a recession for nearly 12 months.

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Valuation Economics Marketing Manufacturing 98

Nerd's Eye View

MARCH 6, 2024

Financial advisors often discuss how futile it is to try and predict what will happen in the stock market, and yet the reality is that a core component of creating a financial plan involves making a prediction for how markets will behave, at least in the long run.

Valuation 98

Valuation Economics Leverage Investments 98

Musings on Markets

FEBRUARY 8, 2025

In the first five posts, I have looked at the macro numbers that drive global markets, from interest rates to risk premiums, but it is not my preferred habitat. The second set of inputs are prices of risk, in both the equity and debt markets, with the former measured by equity risk premiums , and the latter by default spreads.

Hurdle Rate 75

Hurdle Rate Valuation Corporate Finance Currencies 75

CFO News

NOVEMBER 5, 2024

India's stock market is experiencing a decline as foreign investors withdraw record funds due to concerns about the slowing post-pandemic economic boom. Despite domestic investments preventing a larger downturn, waning consumer spending and high valuations are causing anxieties.

Marketing 40

Marketing Valuation Economics Investments 40

Global Finance

OCTOBER 16, 2024

The US IPO market is seeing renewed momentum as the 2024 presidential election approaches, with investors and analysts eyeing potential opportunities ahead. This resurgence follows a prolonged period of stagnation, sparking confidence that the market is turning a corner. “In Valuations today are more grounded in reality,” said Ritter.

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Marketing Valuation Economics Finance 116

CFO News Room

FEBRUARY 4, 2022

on Friday notched the largest-ever one-day gain in market value for a U.S. companies as they reassess their valuations in anticipation of higher interest rates. Both stocks have surged so far, so fast in recent years that any big move can rattle the broader market and set various records. by market value, behind.

Marketing 130

Marketing Profit and Loss Advertising Valuation 130

Global Finance

FEBRUARY 14, 2025

The European banking sector is experiencing a wave of consolidation as institutions seek to bolster their market position, expand their asset base, and improve returns. Dutch lender ING has also signaled its intent to acquire rival banks in major European markets. Ultimately the key issue is valuation. that gathered $5.4

Mergers and Acquisitions (M&A) 72

Mergers and Acquisitions (M&A) Banking Valuation Construction 72

Barry Ritholtz

MARCH 18, 2025

This is as true for professionals as it is for amateurs; it’s also true in music, film, sports, television, and economic and market forecasting. Market Mayhem : As investors, we often rely on rules of thumb that fail us. The vast majority of market gains come from ~1% of all stocks. We prefer narratives over data.

Investments 126

Investments Math Concentration Numbers 126

Global Finance

DECEMBER 6, 2024

For instance, evolving carbon tax frameworks in the EU, Canada, and the UK add tangible costs to emissions, directly impacting company valuations and investment stability. Proprietary models ensure innovation and create a full range of market solutions matching clients preferences.

Investments 104

Investments Valuation Education Banking 104

Musings on Markets

APRIL 20, 2025

When markets are in free fall, there is a great deal of advice that is meted out to investors, and one is to just buy the dip , i.e., buy beaten down stocks, in the hope that they will recover, or the entire market, if it is down. The evidence for this strategy comes from many sources.

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Investments Marketing Valuation Numbers 137

CFO News

MAY 22, 2025

After a three-month lull, India's primary equity market is rebounding, with seven companies launching IPOs in May and more planned for June. This resurgence is fueled by a stabilizing secondary market, easing geopolitical tensions, and successful block deals.

Marketing 40

Marketing Valuation Planning 40

Nerd's Eye View

APRIL 3, 2024

Notably, the work-from-home movement has resulted in a dramatic drop in office valuations that could lead to a whole host of issues, including lending constraints in the banking sector, which is already sitting on a mountain of unrealized losses on Treasuries and mortgages.

Economics 97

Economics Marketing Valuation Profit and Loss 97