Value Scope

JULY 21, 2020

This work can be used to reconcile and support an adjustment to the CAPM, then the WACC, via Alpha and Beta. Adjustments to Beta can accomplish this. Beta measures systemic risk, and the performance of a company as compared with a broad index like the S&P 500 or the Russell 2000. Using Alpha, however, it could be done.

Intangible Assets 130

Intangible Assets Beta Alpha Comps 130

Valutico

AUGUST 17, 2022

What data is used for the companies ‘comps’ comparisons? The calculation of these discount rates are based on the observed betas of similar listed peer companies. The Entry Value (EntV) is calculated by discounting the Exit Value (ExV) at the specified future year (t) at the IRR, as follows: EntV = ExV (1+IRR) t. .

Start-ups 52

Start-ups EBIT Weighted Average Cost of Capital Discounted Cash Flow 52

Appraisal Rights

JUNE 5, 2017

The court refused to put any weight on petitioners’ comparable companies analysis, finding that the comp set diverged too much from SWS in terms of size, business lines, and performance to be meaningful. With regard to beta, the court found fault with both side’s approach.

Beta 40

Beta Risk Premium Capital Structure Discounted Cash Flow 40

Brian DeChesare

DECEMBER 6, 2023

Beta-Neutral Portfolios: For example, if the S&P 500 goes up or down by 5%, your team’s portfolio should move by ~0%. So, expect a lot of quarterly financial projections , quick public comps , and simple DCF models linked to specific catalysts. Do Multi-Manager Hedge Funds Deliver?

Start-ups 97

Start-ups Beta Marketability Comps 97

Valutico

OCTOBER 20, 2022

the multiple based or ‘ comps ’ (comparable company analysis) approach. B = Beta. (Rm DCF WACC—similar to the above except that it calculates a different WACC in each forecast period based on a changing capital structure (D/E) and thus a changing beta in each period. The first is 1. Ce = Cost of Equity. Rf = Risk-free Rate.

Discounted Cash Flow 52

Discounted Cash Flow Terminal Value Weighted Average Cost of Capital Net Present Value 52

Value Scope

SEPTEMBER 24, 2020

Adjustments to Beta can accomplish this. Beta measures systemic risk, and the performance of a company as compared with a broad index like the S&P 500 or the Russell 2000. There are also methods to use Beta to assess a private company, if the Guideline Public Companies selected for the analysis, the “comps,” are chose properly.

Intangible Assets 130

Intangible Assets Alpha Beta Marketability 130