Valutico

MARCH 28, 2023

UBS maintained a strong capital position, ending the year 2022 with a CET1 capital ratio of 14.2% As of now, UBS is offering a dividend of USD 0.55 per common stock, with a dividend yield of 2.70%. UBS’s share value rose in the second half of 2020, and by November 2020, it had recovered its pre-pandemic value.

Banking 52

Banking Dividends Equity Marketability 52

Valutico

NOVEMBER 28, 2022

The company already paid over CHF 100 million in settlement in this matter in 2020. . The IPO of ABB’s E-Mobility division was planned for mid-2022 but has been delayed due to unfavorable market conditions. ABB performed particularly well in the COVID years 2020-2021, almost doubling its share price during this period.

Discounted Cash Flow 52

Discounted Cash Flow EBIT Market Capitalization Dividends 52

Valutico

NOVEMBER 28, 2022

The company already paid over CHF 100 million in settlement in this matter in 2020. . The IPO of ABB’s E-Mobility division was planned for mid-2022 but has been delayed due to unfavorable market conditions. ABB performed particularly well in the COVID years 2020-2021, almost doubling its share price during this period.

Discounted Cash Flow 52

Discounted Cash Flow EBIT Market Capitalization Dividends 52

Musings on Markets

JULY 17, 2023

To the extent that some of that risk capital is coming back into the markets, equity markets have benefited, with benefits skewing more towards the companies and markets that were punished the most in 2022. trillion) to market capitalizations, regaining almost half of the value lost in last year's rout.

Marketability 98

Marketability Risk Premium Start-ups Treasury 98

Valutico

MARCH 20, 2023

Recent Financial Performance In late February 2023, HSBC released its 2022 annual results, showing strong financial performance and higher capital distributions. They announced a 50% dividend payout ratio projected for 2023 and 2024 as well as a return to quarterly dividends from Q1 this year.

Dividends 52

Dividends Banking Equity Market Capitalization 52

Musings on Markets

NOVEMBER 4, 2022

Investors, used to a decade of better-than-expected earnings and rising stock prices at these companies, have been blindsided by unexpected bad news in earnings reports, and have knocked down the market capitalization of these companies by hundreds of billions of dollars in the last few weeks.

Start-ups 106

Start-ups Market Capitalization Marketability Dividends 106

Reynolds Holding

FEBRUARY 21, 2023

Activist Directors – Determinants Our research shows that activists are more likely to demand or acquire board representation if the firm has higher levels of institutional ownership, a smaller market capitalization, worse stock market performance, and, in particular, lower dividend payouts.

Dividends 56

Dividends Marketability EBITDA Market Capitalization 56

Reynolds Holding

NOVEMBER 30, 2023

07 Question: In each of 2020 and 2021, a registrant provided the same list of companies as a peer group in its Compensation Discussion & Analysis (“CD&A”) under Item 402(b) but provided a different list of companies in its CD&A for 2022. In what circumstances is such market capitalization-based weighting required?

Compliance 40

Compliance Total Shareholder Return Dividends Market Capitalization 40

Musings on Markets

NOVEMBER 15, 2022

In this post, I want to focus on that point, starting with a discussion of why stories matter to investors and traders and the story that propelled the company to a trillion-dollar market capitalization not that long ago. billion in revenues in 2021.

Start-ups 99

Start-ups Marketability Market Capitalization Technology 99

Musings on Markets

FEBRUARY 27, 2022

The largest sector, in the US, in terms of market capitalization, is information technology and I have argued that tech companies age in "dog years" , with compressed life cycles. Not surprisingly, then, the net effect of growth will depend on how much is reinvested back, relative to what the company can harvest as future growth.

Start-ups 99

Start-ups Equity Book Value Marketability 99

ThomsonReuters

NOVEMBER 11, 2020

Do you have a shortage of working capital? Are you able to pay dividends or payments on lines of credit from suppliers? A decline in market capitalization is also a factor to consider when determining whether a triggering event for an impairment test has occurred. Are you in compliance with requirements?

Discounted Cash Flow 52

Discounted Cash Flow Technology Dividends Market Capitalization 52

Musings on Markets

JANUARY 19, 2022

If equity markets surprised us with their resilience in 2020, not just weathering a pandemic for the ages, but prospering in its midst, US equity markets, in particular, managed to find light even in the darkest news stories, and continued their rise through 2021. The year that was.

Risk Premium 99

Risk Premium Risk-free Rate Start-ups Equity 99

Musings on Markets

MAY 7, 2023

The notion of computing a cost of capital for a bank is fanciful and fruitless, and any attempt to compute an enterprise value for a bank is destined to end in failure. The other was that the bank regulatory framework operated effectively , preventing banks from overreaching on risk or being under capitalized.

Banking 86

Banking Price to Book Dividends Book Value 86

Musings on Markets

JANUARY 8, 2022

To start the year, I returned to a ritual that I have practiced for thirty years, and that is to take a look at not just market changes over the last year, but also to get measures of the financial standing and practices of companies around the world. It is also why I report only aggregated data on industries, rather than company-level data.

Risk Premium 99

Risk Premium Start-ups Market Capitalization Corporate Finance 99

Musings on Markets

APRIL 20, 2021

In a predictable consequence, US multinationals chose to leave their foreign income outside the US, creating the phenomenon of trapped cash, i.e., income held in foreign locales to avoid taxes, but also trapped because that income could not be used to pay dividends, buy back stock or invest in projects in the United States.

Start-ups 52

Start-ups Debt Financing Finance Equity 52

Musings on Markets

OCTOBER 18, 2024

The regional phone companies continued to behave like the old Ma Bell, investing little in new technologies, and continuing with the high debt and high dividend policies of the original. trillion on October 16, 2024, accounting for 23.16% of the increase in market capitalization across all US equities over that period.

Start-ups 77

Start-ups Market Capitalization Marketability Technology 77

Musings on Markets

OCTOBER 25, 2022

An intuitive reading of the FCFE is that it is cash available to be returned to equity investors, either in the form of dividends or as cash buybacks. It is the rare firm that follows a residual cash policy, returning its FCFE every year as dividends and/or buybacks.

Dividends 108

Dividends EBITDA Equity Start-ups 108