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Data Update 1 for 2025: The Draw (and Danger) of Data

Musings on Markets

For company data, my primary source is S&P Capital IQ, augmented with data from a Bloomberg terminal. My dataset includes all publicly traded companies listed at the start of the year, with a market price available, and there were 47810 firms in my sample , roughly in line with the sample sizes in the last few years. Buybacks 2.

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Deja Vu #11: Can Restricted Stock Studies Be Used to Estimate DLOMs for Dividend-Paying Companies?

Chris Mercer

This eleventh post in the Deja Vu series involving restricted stock studies addresses an issue that is rarely mentioned in the context of the studies – of the impact of dividends on restricted stock discounts (RSDs). Of these 244 transactions, only 24 involved companies that paid dividends, or less than 10% of the transactions.

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EV/EBITDA Explained: A Key Valuation Multiple for Investors

Valutico

EV typically includes Market Capitalization, Debt, Minority Interest, and Preferred Equity, minus Cash & Cash Equivalents. A primary advantage is providing a “debt-neutral” valuation, making comparisons easier between companies with different capital structures.

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World’s Best Banks 2024—Asia-Pacific

Global Finance

In the Asia-Pacific (APAC) region last year—as in 2022—net interest margin (NIM) dynamics were optimal for banks in Southeast Asia, Australasia, Hong Kong and India. Lending rates followed central bank tightening moves, while deposit rates lagged; and across the region, there were some record profits.

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Anatomy of a Market Crisis: Tariffs, Markets and the Economy!

Musings on Markets

In percentage terms, energy stocks have lost the most in value, with market capitalizations dropping by 14.2%, dragged down by declining oil prices. There was undoubtedly some panic selling on Friday, but the flight to safety, whether it be in moving into treasuries or high dividend paying stocks, was muted.

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HSBC: Chance for Success or Misstep?

Valutico

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. USD 1.68) billion.

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Crash and Bailouts

Valutico

The collapse of SVB had a ripple effect through the banking sector, leading investors to fear that other banks could follow suit. As a result, they have been pouring into money market funds at the highest rate since the COVID pandemic began. As of now, UBS is offering a dividend of USD 0.55 billion in the short term.

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