Remove Numbers Remove Restructuring Remove Valuation
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McKinsey’s Koller: Valuation Isn’t Broken—Expectations Are

Global Finance

Global Finance : To what extent does geography play a role in affecting a company’s valuation? If your supply chain is highly specialized, that could take years to restructure. There’s no inherent valuation. From a corporate valuation perspective, they’re not particularly interesting. So it depends.

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Return on Equity, Earnings Yield and Market Efficiency: Back to Basics!

Musings on Markets

The return on equity may be an equation that comes from accounting statements, but in keeping with my argument that every number needs a narrative, each of these numbers has a narrative, often left implicit, that should be made explicit.

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Data Update 7 for 2025: The End Game in Business!

Musings on Markets

I am in the third week of the corporate finance class that I teach at NYU Stern, and my students have been lulled into a false sense of complacency about what's coming, since I have not used a single metric or number in my class yet.

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Transcript: Jeffrey Becker, Jennison Associates Chair/CEO

Barry Ritholtz

We learned everything, you know, across from accounting to auditing to, to tax and valuation. I ended up in what was called the valuation services group, where we valued real estate and businesses either for transactions or for m and a activity. So that, that number ultimately is about 40 billion of our 150 billion of equity.

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Anglo American’s Big Restructuring Aims To Refocus Mining Giant 

Global Finance

The rattled corporation faces a rocky road through a wide-ranging restructuring, but some analysts see a more competitive company emerging. The decision, which was intended to help Anglo focus on its restructuring, swung the company from a net profit of $1.26 The restructuring itself is a complicated affair.

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The Corporate Life Cycle: Corporate Finance, Valuation and Investing Implications!

Musings on Markets

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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Spain: From Red To Black

Global Finance

Meanwhile, the solid export numbers that turned the current account positive, after decades in the red, are likely to take a hit due to weaker demand from Spain’s European neighbors. After a decade of restructuring, Spanish banks are showing record profits. In May, Banco Bilbao Vizcaya Argentaria (BBVA) launched a hostile €12.23