Andrew Stolz

FEBRUARY 4, 2022

Strong ROE and ROIC might be overlooked by the market. Terex Corporation’s revenue breakdown 2020. The US gov’t has increased its spending by over 50% in 2020 and 2021 compared to previous years. Strong ROE and ROIC might be overlooked by the market. Costs cuts to drive sustainably higher margins.

Start-ups 52

Start-ups Net Debt Beta Equity 52

Musings on Markets

NOVEMBER 1, 2023

That attention has worked in the company's favor over much of its lifetime, as it has gone from a start-up to one of the largest market cap companies in the world, disrupting multiple businesses in the process.

Start-ups 127

Start-ups Marketability Market Capitalization Equity 127

Musings on Markets

JANUARY 5, 2024

Thus, looking at only the companies in the S&P 500 may give you more reliable data, with fewer missing observations, but your results will reflect what large market cap companies in any sector or industry do, rather than what is typical for that industry.

Dividends 107

Dividends Risk Premium Equity Book Value 107

Musings on Markets

JANUARY 31, 2024

For decades, the notion of maximizing value has been central to corporate finance, though there have been disagreements about whether maximizing stock prices would get you the same outcome, since that latter requires assumptions about market efficiency. Does profitability vary across the globe?

Equity 83

Equity Book Value Start-ups Corporate Finance 83

Global Finance

JUNE 9, 2025

Its innovation department, Wenov, was founded in 2020. More recently, the lab launched its “beyondbanking” initiative, an effort to identify nonfinancial markets that OTP Group could penetrate. The bank also helps startups open doors with potential partners in key markets.

Banking 52

Banking Technology Finance Compliance 52

Musings on Markets

JANUARY 12, 2021

Thus, you and I can disagree about whether beta is a good measure of risk, but not on the principle that no matter what definition of risk you ultimately choose, riskier investments need higher hurdles than safer investments. That tells me three things.

Corporate Finance 52

Corporate Finance Start-ups Finance Marketability 52

Musings on Markets

FEBRUARY 10, 2021

Many companies face capital constraints, some external (lack of access to capital markets) and some internal (a refusal to issue new equity because of dilution concerns), and consequently cannot follow this rule. For small private firms, where the sole owner is not diversified, the hurdle rate will have to incorporate and be higher.

Risk-free Rate 52

Risk-free Rate Risk Premium Start-ups Equity 52

Cooley M&A

OCTOBER 24, 2024

J&J was attempting to develop its own surgical robot – Verb – but the development was plagued by problems in the design process and was significantly behind schedule for a publicly announced 2020 launch date. J&J became interested in Auris’ Monarch technology and invested in Auris’ Series D financing.

Alpha 52

Alpha Beta Marketability Technology 52

Global Finance

SEPTEMBER 5, 2024

Released in late 2020 by the Banco Central Do Brasil, Pix has been lauded for its convenience and the financial services it provides to Brazil’s significant unbanked and underbanked populations. The lab focuses on innovations in digital product design, data analytics, digital marketing, and project management.

Banking 52

Banking Finance Technology Start-ups 52

Appraiser Newsroom

JUNE 4, 2024

He is the Director of the Pepperdine Private Capital Markets Project (privatecap.org) and Executive Director for the Pepperdine Most Fundable Companies competition (pepperdine.edu/mfc). His teaching and research interests include entrepreneurial finance, private capital markets, and entertainment finance. Dr. Everett He holds a Ph.D.

Business Valuation 59

Business Valuation Intangible Assets Appraisal Finance 59

FE International

MARCH 14, 2018

As the technical evolution of the industry continues to take it in a more accessible direction , and consumer demand for useful and disruptive software increases, the market is getting more lucrative for innovative, independent developers. A breakdown of the market shares enjoyed by leading e-commerce platforms. Universal Apps.

Marketability 52

Marketability Start-ups EBITDA Business Valuation 52

Benzinga

JULY 26, 2022

The efficiency ratio in the low sixties reflects the team's focus on expense management and benefited from an improving net interest margin bolstered by deposit betas better than what we model. Marketing expense increased primarily from the timing of campaigns and promotion activities. There were $1.5 million at June 30, 2021.

Banking 40

Banking Dividends Marketability Equity 40

Value Scope

SEPTEMBER 24, 2020

The second inflection point was triggered by the “Fundamental Reshaping of Finance” open letter to CEOs on January 14, 2020, by BlackRock Chairman and Chief Executive Officer Larry Fink. “In That said, this lens of due diligence has changed how the market invests. Uncertainty in market signals. Exposure to litigation.

Intangible Assets 130

Intangible Assets Alpha Beta Marketability 130

Musings on Markets

OCTOBER 25, 2021

A rising stock market has augmented the wealth inequality, since the wealthiest hold the preponderance of equities in the market. If you are in finance, and you were measuring the risk of different tax revenue sources, capital gains tax revenue would have a "higher beta" than "income tax revenues or sales tax revenues.

Start-ups 99

Start-ups Marketability Beta Appraisal 99

Musings on Markets

FEBRUARY 16, 2024

Its impact is not just financial, but emotional and physical, and it predates markets. I confess that the line between whether nature or man is to blame for some catastrophes is a gray one and to illustrate, consider the COVID crisis in 2020.

Risk Premium 78

Risk Premium Start-ups Beta Marketability 78

Musings on Markets

FEBRUARY 27, 2023

Note that this framework applies for all businesses, from the smallest, privately owned businesses, where debt takes the form of bank loans and even credit card borrowing and equity is owner savings, the largest publicly traded companies, where debt can be in the form of corporate bonds and equity is shares held by public market investors.

Equity 52

Equity EBITDA Start-ups Net Debt 52

Reynolds Holding

JULY 23, 2023

The new Merger Guidelines would replace prior pronouncements of antitrust policy from the FTC and DOJ, including the 2010 Horizontal Merger Guidelines and the 2020 Vertical Merger Guidelines. When making this assessment, the agencies look to whether a deal will result in “undue concentration” in a “highly concentrated market.”

Marketability 40

Marketability Alpha Beta 40

Reynolds Holding

JANUARY 6, 2025

The roadmap to upgrade market access to decision-useful nature-related data , published October 26, outlines medium- and long-term strategic goals to improve the nature data value chain. The M-CGT builds on the 2020 EU-China Common Ground Taxonomy.

Treasury 45

Treasury Finance Banking Marketability 45