Brian DeChesare

MAY 3, 2023

When I started offering financial modeling training , I never expected to get questions about a methodology like the Dividend Discount Model (DDM). It can be useful for certain companies, such as power and utility firms and midstream (pipeline) operators in oil & gas … …but it’s also much harder to set up and use than a standard DCF.

Dividends 64

Dividends Terminal Value Enterprise Value Equity 64

Benzinga

MAY 11, 2022

Several demonstrations of the Guardian XT robot Beta units to partners and customers have taken place in Sarcos' facility since the start of the year and the company continues to expect that Guardian XT robot Beta units will be placed with customers for field tests in mid-2022. million for 2022.

Technology 40

Technology Beta Start-ups Compliance 40

Valutico

APRIL 25, 2023

We performed a detailed linear regression analysis, considering the betas and credit spread of listed companies, regressed against their ESG scores, for the universe of listed companies globally. If you’re a Valutico user, reach out to customer service and they can provide you access. I am a Valutico user, how do I use ValutECO?

Discounted Cash Flow 52

Discounted Cash Flow Equity Beta Alpha 52

Valutico

APRIL 25, 2023

We performed a detailed linear regression analysis, considering the betas and credit spread of listed companies, regressed against their ESG scores, for the universe of listed companies globally. If you’re a Valutico user, reach out to customer service and they can provide you access. I am a Valutico user, how do I use ValutECO?

Discounted Cash Flow 52

Discounted Cash Flow Equity Beta Alpha 52

Brian DeChesare

NOVEMBER 9, 2022

People usually start this discussion by comparing S&T exits to investment banking exit opportunities and saying that S&T exit options are “worse.”. Of all the hedge fund strategies , global macro is the best fit for most traders because: It matches up directly with popular desks like rates trading , FX, and commodities.

Banking 74

Banking Equity Start-ups Marketability 74

Brian DeChesare

AUGUST 10, 2022

But before delving into the exit opportunities and the long-term outlook, let’s start with the fundamentals: Oil & Gas Investment Banking Defined. Energy Services (“Oilfield Services” or OFS) – These firms “assist” the companies above, typically by renting out drilling equipment (rigs) or offering engineering/construction services.

Banking 88

Banking EBITDA Dividends Equity 88

Musings on Markets

FEBRUARY 27, 2023

That may reflect the concern that once a person or entity starts borrowing to fund its needs, it is easy to overuse debt, and risk its wellbeing in the process. In that case, the optimal debt ratio for a company is the one that maximizes value, not necessarily the one at which the cost of capital is minimized.

Equity 52

Equity EBITDA Start-ups Net Debt 52

Musings on Markets

FEBRUARY 8, 2022

In this post, I will start with a working definition of riskt that we can get some degree of agreement about, and then look at multiple measures of risk, both at the company and country level. In closing, I will talk about some of the more dangerous delusions that undercut good risk taking. What is risk?

Risk Premium 67

Risk Premium Beta Start-ups Equity 67

Musings on Markets

FEBRUARY 16, 2024

If you start enumerating every risk a business is exposed to, you will find yourself being overwhelmed by that list, and it is for that reason that I categorize risk into the groupings that I described in an earlier post on risk.

Risk Premium 74

Risk Premium Start-ups Beta Marketability 74

Musings on Markets

JANUARY 5, 2024

After all, I had no plans on becoming a data service, and making them available to others cost me absolutely nothing. Along the way, more people than I ever imagined have found my data of use, and while I still have no desire to be a data service, I have an obligation to be transparent about my data analysis processes. Debt Details 1.

Dividends 98

Dividends Risk Premium Equity Book Value 98

Musings on Markets

JANUARY 31, 2024

In this post, I start by looking at the end game for businesses, and how that choice plays out in investment rules for these businesses, and then examine how much businesses generated in profits in 2023, scaled to both revenues and invested capital. The End Game in Business If you start a business, what is your end game? trillion ($1.8

Equity 79

Equity Book Value Start-ups Corporate Finance 79

Musings on Markets

JULY 22, 2021

Zomato, an Indian online food-delivery company, was opened up to public market investors on July 14, 2021, and its market debut is being watched for clues by a number of other online ventures in India, waiting in the wings to go public. The service was initiated in 2017 and it had 1.5 The service was initiated in 2017 and it had 1.5

Marketability 86

Marketability Start-ups Equity Price to Book 86

Brian DeChesare

MAY 24, 2023

But, as usual, I want to start with the definitions and fund types: What is an “Event-Driven Hedge Fund”? Jacobs is a moderate-growth, moderate-margin company in the professional services space, currently trading at 1.2x For example, if Jacobs trades up from an 11.5x revenue and 11.5x EBITDA multiple , matching its own.

Equity 64

Equity Start-ups EBITDA Banking 64

Musings on Markets

JANUARY 6, 2023

In my last post, I talked about the ritual that I go through every year ahead of my teaching each spring, and in this one, I will start on the first of a series of posts that I make at the start of each year, where I look at data, both macro and company-level. That is not true!

Risk Premium 52

Risk Premium Dividends EBITDA Start-ups 52

Brian DeChesare

JULY 27, 2022

Credit Hedge Fund Definition: Credit hedge funds buy and sell fixed-income securities, such as high-yield bonds, distressed bonds, structured credit, and their derivatives; they profit by setting up trades that reduce one type of credit risk while betting on mispriced securities whose prices are likely to change in the future.

Equity 52

Equity Start-ups Private Equity Firm Beta 52

FE International

MARCH 14, 2018

Based on businesses we have seen and sold, we have found that apps can be categorized into three main types: marketplace apps, universal apps, and software as a service (SaaS) apps. Software as a service (SaaS) apps are typically hosted in the cloud and accessed via the user’s web browser or a proprietary client. Marketplace Apps.

Marketability 52

Marketability Start-ups EBITDA Business Valuation 52

Value Scope

SEPTEMBER 24, 2020

It started sometime last year, during the fourth quarter. Mandates on and regulation of existing products and services. Substitution of existing products and services with lower emissions options. ciency stemmed from more engagement by the customer with his/her energy service. Adjustments to Beta can accomplish this.

Intangible Assets 130

Intangible Assets Alpha Beta Marketability 130