Musings on Markets

FEBRUARY 27, 2023

In this post, I will focus on corporate debt in 2023, keeping in mind that it was a year where the tradeoffs changed, as interest rates rose to pre-2008 levels, and putting at risk those firms that had borrowed to capacity, or even beyond, at low interest rates.

Equity 52

Equity EBITDA Start-ups Net Debt 52

Benzinga

SEPTEMBER 6, 2023

06, 2023 (GLOBE NEWSWIRE) -- Web3 Ventures (the " Company ") is excited to announce its recent acquisition of 24,084 Series A-1 Preferred Stock of Unstoppable Domains Inc. (" Unstoppable Domains ") from Pluto 11.11 in exchange for 302,186 multiple voting shares (" MVS Shares ") in the capital of the Company valued at CAD$5.00

Equity 52

Equity Fair Market Value Market Capitalization Marketability 52

Valutico

JANUARY 17, 2023

Weekly Valuation – Valutico | 17 January 2023. The company has a leading position in the Southeast Asian market with their e-commerce platform Shoppee and their gaming offers by Garena. Sea currently has a market capitalization of $29.8 The Flow-to-Equity analysis produced a value of $28.1 Link to valuation.

Discounted Cash Flow 52

Discounted Cash Flow Market Capitalization Equity Start-ups 52

Value Scope

NOVEMBER 3, 2023

The Value of X X, formerly Twitter, is now valued at $19 billion, according to the company’s employee equity compensation plan. The dropping of the Twitter brand name In October 2023, Musk announced that X was dropping the Twitter brand name. Several factors may have contributed to the valuation drop.

Business Valuation 130

Business Valuation Start-ups Market Capitalization Marketability 130

Musings on Markets

MAY 7, 2023

In this post, I will begin by looking at how to value banks and follow up with an examination of investor views of banking have changed, by looking at pricing, before examining divergences in how banks are priced in the market today. All Equity, All the time!

Banking 63

Banking Price to Book Dividends Book Value 63

Reynolds Holding

AUGUST 31, 2023

This update discusses shareholder activism activity involving NYSE- and Nasdaq- listed companies with equity market capitalizations in excess of $1 billion and below $100 billion (as of the last date of trading in 2022) during 2022. Announced shareholder activist activity increased relative to 2021.

Market Capitalization 52

Market Capitalization Equity Marketability 52

Valutico

FEBRUARY 8, 2023

Weekly Valuation – Valutico | 8 February 2023 Link to valuation About Visa Visa is an American payment technology company headquartered in California, offering electronic transactions between merchants, financial institutions, and cardholders, facilitating billions of transactions each year. billion and net income by 6% to $4.2

Discounted Cash Flow 52

Discounted Cash Flow EBIT Equity EBITDA 52

Valutico

MARCH 28, 2023

UBS Group AG Weekly Valuation – Valutico | 28 March 2023 Link to the valuation Context In recent days, the financial markets have experienced increased turmoil, causing growing concerns about financial stability. As a result, they have been pouring into money market funds at the highest rate since the COVID pandemic began.

Banking 52

Banking Dividends Equity Marketability 52

Valutico

MARCH 20, 2023

HSBC Holdings plc Weekly Valuation – Valutico | 20 March 2023 Link to the valuation Context The past weeks, the financial market was rattled by the collapse of Silicon Valley Bank, the go-to bank for tech startups, serving half of America’s venture capital-backed tech firms. billion and deposits of around GBP 6.7 (USD

Dividends 52

Dividends Banking Equity Market Capitalization 52

Musings on Markets

OCTOBER 12, 2023

The effect of impact investing in the inclusionary and exclusionary paths is through the stock price , with the buying (selling) in inclusionary (exclusionary) investing pushing stock prices up (down), which, in turn, decreases (increases) the costs of equity and capital at these firms. in the 2011-2023 time period.

Market Capitalization 82

Market Capitalization Enterprise Value Start-ups Marketability 82

Musings on Markets

JANUARY 21, 2023

While there are many events during 2022, some political and some economic, that one can point to as the reason for poor stock returns, it is undeniable that inflation was the driving force behind the market correction. In this section, I will begin with a deconstruction of stock returns in 2022 and the year's place in stock market history.

Equity 70

Equity Risk Premium Start-ups Dividends 70

Valutico

MARCH 1, 2023

Weekly Valuation – Valutico | 1 March 2023 Link to valuation About BP BP, a multinational oil and gas company, headquartered in London, is one of the largest oil and gas producers in the world. by using the Discounted Cash Flow method, specifically our Flow-to-Equity approach, as well as a Trading Comparables analysis.

Discounted Cash Flow 52

Discounted Cash Flow Net Debt EBIT Equity 52

Musings on Markets

MAY 5, 2023

In March 2023, the fall of Silicon Valley Bank shocked investors not only because it was unforeseen, but also because of the speed with which it unfolded. That failure has had a domino effect, with Signature Bank falling soon after, followed by Credit Suisse in April 2023 and by First Republic last week.

Banking 76

Banking Equity Start-ups Treasury 76

Valutico

NOVEMBER 28, 2022

Interogo Holding’s equity strategy fund, the family office Moyreal and Michael Halbherr, chairman of ABB E-Mobility, are participating in the private placement. billion at the IPO which is now planned for the second half of 2023. Currently the company is trading at CHF 30 per share with a market capitalization of CHF 56.1

Discounted Cash Flow 52

Discounted Cash Flow EBIT Market Capitalization Equity 52

Valutico

NOVEMBER 28, 2022

Interogo Holding’s equity strategy fund, the family office Moyreal and Michael Halbherr, chairman of ABB E-Mobility, are participating in the private placement. billion at the IPO which is now planned for the second half of 2023. Currently the company is trading at CHF 30 per share with a market capitalization of CHF 56.1

Discounted Cash Flow 52

Discounted Cash Flow EBIT Market Capitalization Equity 52

Valutico

APRIL 7, 2023

The estimated cost of the bank’s failure to the Deposit Insurance Fund is about USD 20 billion, and the FDIC will receive equity appreciation rights in First Citizens with a potential value of USD 500 million. by using our Flow-to-Equity simplified approach, as well as a Trading Comparables analysis. and Commerce Bancshares, Inc.

Banking 52

Banking Equity Market Capitalization Finance 52

Reynolds Holding

NOVEMBER 30, 2023

On November 21, 2023, the staff of the Securities and Exchange Commission’s (SEC’s) Division of Corporation Finance issued eight new Compliance & Disclosure Interpretations (C&DIs), and revised two previously issued C&DIs, relating to the final pay-versus-performance (PVP) disclosure rules adopted last year.

Compliance 40

Compliance Total Shareholder Return Dividends Market Capitalization 40

Musings on Markets

JULY 17, 2023

I am not a market prognosticator for a simple reason. I am just not good at it, and the first six months of 2023 illustrate why market timing is often the impossible dream, something that every investor aspires to be successful at, but very few succeed on a consistent basis. That pessimism was not restricted to market outlooks.

Marketability 95

Marketability Risk Premium Start-ups Treasury 95

Reynolds Holding

JULY 20, 2023

Lastly, it should be noted that on July 17, 2023, BlackRock, Inc. Taking all these developments and more into account, we continue to be of the view that The New Paradigm provides a pragmatic and balanced approach to preserving open market capitalism, while also creating economic prosperity that will benefit all, not just a few.

Market Capitalization 40

Market Capitalization Marketability Equity 40

Musings on Markets

JANUARY 8, 2022

Regional Breakdown My data sample for 2022 includes every publicly traded firm that is traded anywhere in the world, with a market capitalization that exceeds zero. For debt markets, it takes the form of default spreads, and I report the latest estimates of these corporate bond spreads at this link.

Risk Premium 91

Risk Premium Start-ups Market Capitalization Corporate Finance 91

Benzinga

FEBRUARY 20, 2024

The pro-forma information presented herein is based on data of the Company data as of September 30, 2023 and CALP Loan Portfolio data as of January 1, 2024. Improved access to debt and equity capital markets. Accretive to Net Investment Income. Full story available on Benzinga.com

Equity 40

Equity Market Capitalization Marketability Finance 40

Cooley M&A

JANUARY 30, 2024

As we look ahead to the 2024 proxy season (and beyond), let’s review the key 2023 trends and developments from activism playbooks, with a sharp focus on the ever-changing landscape in the technology and healthcare sectors. 4] Activists won 134 board seats globally in 2023, a 30% increase from 2022. Momentum building for 2024?

Market Capitalization 52

Market Capitalization Equity Marketability Total Shareholder Return 52

Benzinga

MAY 18, 2023

May 18, 2023 (GLOBE NEWSWIRE) -- Regency Centers Corporation ("Regency") (NASDAQ: REG ) and Urstadt Biddle Properties Inc. The combined company is expected to have a pro forma equity market capitalization of approximately $11 billion and total enterprise value of approximately $16 billion. JACKSONVILLE, Fla.

Equity 40

Equity Enterprise Value Dividends Market Capitalization 40

Benzinga

FEBRUARY 15, 2023

15, 2023 (GLOBE NEWSWIRE) -- GoLogiq, Inc. The company believes it meets the quantitative requirements, including net shareholder equity and market capitalization. NEW YORK, Feb. OTC: GOLQ ), a U.S.-based based global provider of fintech and consumer data analytics, has commenced the process of listing on a senior U.S.

Market Capitalization 40

Market Capitalization Marketability Banking Equity 40

Cooley M&A

FEBRUARY 1, 2024

2023’s much-discussed downturn in mergers & acquisitions – with global M&A volume and value down 6% and 17%, respectively, from 2022 – was largely driven by the slowdown in the tech sector, with global tech M&A volumes down 51% year over year, while other sectors saw marked increases. [1] billion leading the pack.

Equity 59

Equity Finance Marketability Start-ups 59

Valutico

OCTOBER 1, 2022

Founded in 1995, Lockheed Martin Corporation is a Bethesda, Maryland-based aerospace company with a $106 billion market capitalization. . The company published its Q2 2023 financial results this week. to arrive at a valuation of $103 million, almost exactly the current market cap of $106 billion. . A WACC of 5.7%

Discounted Cash Flow 52

Discounted Cash Flow Dividends Market Capitalization Marketability 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 80

Risk Premium Risk-free Rate Start-ups Equity 80

Musings on Markets

NOVEMBER 1, 2023

As the price dropped below $200 today (October 30,2023), I decided that it was time for me to revisit and revalue the company, taking into account the news, financial and other, that has come out since my last valuation in January 2023, and to understand the dueling stories that are emerging about the company.

Start-ups 114

Start-ups Marketability Market Capitalization Equity 114

Valutico

DECEMBER 4, 2023

Weekly Valuation – Valutico | December 01, 2023 Link to the valuation Inside Netflix Founded in 1997, Netflix, initially a DVD rental service, evolved into a streaming giant by 2007. The DCF analysis yielded an equity value of USD 125 billion, predicated on a WACC of 10.1%. Netflix Inc. Youtube), Apple Inc. Amazon Prime Video).

Discounted Cash Flow 52

Discounted Cash Flow Start-ups EBIT EBITDA 52

Benzinga

JUNE 2, 2023

June 02, 2023 (GLOBE NEWSWIRE) -- Seaport Global Acquisition II Corp. The holders of outstanding ABM shares will receive equity in SGII valued at $160 million (subject to adjustments). ABM is focused on supplying domestically-sourced critical minerals, with a particular focus on lithium, to global markets.

Enterprise Value 98

Enterprise Value Market Capitalization Banking Marketability 98

Benzinga

FEBRUARY 27, 2023

− Transaction will create the 4 th largest commercial mortgage REIT with a capital base of $2.8 billion – − Highly synergistic platforms and capital optimization will drive strong earnings per share accretion in 2024 and sustained long-term growth − − Expected value at closing of approximately $787 million − NEW YORK, Feb.

Book Value 40

Book Value Finance Market Capitalization Equity 40

Benzinga

AUGUST 18, 2023

18, 2023 (GLOBE NEWSWIRE) -- Regency Centers Corporation ("Regency") (NASDAQ: REG ) today announced the completion of its previously announced acquisition of Urstadt Biddle Properties Inc. The combined company has a total equity market capitalization of more than $11 billion and an enterprise value of more than $16 billion.

Enterprise Value 40

Enterprise Value Market Capitalization Banking Marketability 40

Benzinga

NOVEMBER 13, 2023

13, 2023 (GLOBE NEWSWIRE) -- Calibre Mining Corp. equity interest in Marathon on an issued and outstanding basis; closing is expected to be completed on November 14, 2023 and is not contingent on closing of the Transaction. VANCOUVER, British Columbia, Nov. million ounces of mineral reserves, 8.6

Equity 40

Equity Treasury Market Capitalization Marketability 40

Benzinga

MARCH 20, 2024

The implied equity value of the combined company (the " Company ") is estimated at approximately C$129 million 2. The Exchange Ratio implies a premium of 66.1% to the closing price of the AMPS Shares on the Canadian Securities Exchange (the " CSE ") and a 57.3% Mega Uranium Ltd., and enCore Energy Corp.

Market Capitalization 59

Market Capitalization Corporate Finance Marketability Finance 59

Musings on Markets

JANUARY 17, 2024

Heading into 2023, US equities looked like they were heading into a sea of troubles, with inflation out of control and a recession on the horizon. In that post, I noted that if inflation subsided quickly, and the economy stayed out of a recession, stocks had upside, and that is the scenario that played out in 2023.

Risk Premium 77

Risk Premium Start-ups Equity Treasury 77

Benzinga

NOVEMBER 7, 2023

Transaction Provides Financial and Strategic Benefits to All Shareholders Creates a Larger, More Scaled BDC Focused on Middle Market Direct Lending Combined Company Will Have Approximately $3.4 07, 2023 (GLOBE NEWSWIRE) -- MidCap Financial Investment Corporation (NASDAQ: MFIC ), Apollo Senior Floating Rate Fund Inc.

Dividends 40

Dividends Marketability Equity Market Capitalization 40

Musings on Markets

JANUARY 6, 2023

Data universe : In my sample, I include all publicly traded firms with market capitalizations that exceed zero, traded anywhere in the world. In January 2023, I ended up with 47,913 publicly traded firms in my sample , with the pie chart below providing a geographic breakdown. Cost of Equity 1. Cost of Capital 3.

Risk Premium 52

Risk Premium Dividends EBITDA Start-ups 52