Musings on Markets

JANUARY 10, 2025

Not surprisingly, the company listings are across the world, and I look at the breakdown of companies, by number and market cap, by geography: As you can see, the market cap of US companies at the start of 2025 accounted for roughly 49% of the market cap of global stocks, up from 44% at the start of 2024 and 42% at the start of 2023.

Risk Premium 119

Risk Premium Dividends Start-ups Corporate Finance 119

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. Cost of Capital 3. For market data , where the updating is continuous, that is data as of the January 1, 2023. Cost of Equity 1. PE & PEG 2. Standard deviation in stock price 2.

Risk Premium 52

Risk Premium Dividends Start-ups EBITDA 52

Musings on Markets

FEBRUARY 27, 2023

The market debt ratio, in contrast, uses the market's estimate of the value of equity, i.e., its market capitalization, as the value of equity. If there were not the case, there would probably be a handful of airlines still in operations since the rest would have been liquidated years or even decades ago.

Equity 52

Equity EBITDA Start-ups Net Debt 52

Equidam

APRIL 22, 2025

Understanding valuation is fundamental for founders seeking capital, investors deploying it, and advisors looking to facilitate deal making on both sides. 11] , [12] They provide a reference point as the company transitions to public ownership, where market capitalization becomes the ongoing measure of valuation.

Discounted Cash Flow 64

Discounted Cash Flow Terminal Value Marketability EBITDA 64