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The second is that barring the oil companies, whose revenues and margins ebb and flow with oil prices, the only firm on this list that generates double digit margins is Apple, which has been rewarded with the largest marketcapitalization of any company in the world. It was the reason that I argued at a $1.2
10] Initial Public Offerings (IPOs): While the ultimate pricing of an IPO is determined by public market demand and conditions, pre-IPO valuations set by late-stage private rounds guide expectations and internal planning. [11] 1] , [21] , [23] , [29] The terminalvalue is estimated by applying a relevant market multiple (e.g.,
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