Equilest

MARCH 17, 2022

In practice, professionals rely on several results, assessed at different levels of the income statement: - the gross operating surplus (EBIT or EBITDA) - net operating surplus (ENE or EBIT) - the Current Result Before Tax (RCAI) - Net Income (NR) - Self-Financing Capacity (CAF) or operating cash flow. EV = Result x Multiple. 11% per year.

Business Valuation 40

Business Valuation EBIT EBITDA Discounted Cash Flow 40

ThomsonReuters

DECEMBER 19, 2020

What is the 163(j) limitation? ATI was defined as EBITDA, that is, net taxable income after adding back interest expense, taxes, depreciation, and amortization. The Coronavirus Aid, Relief, and Economic Security Act (CARES Act, PL 116-136) made substantial changes to the Code Sec. 163(j) business interest expense deduction limitation.

EBITDA 105

EBITDA Banking Finance 105

Musings on Markets

JULY 27, 2022

No matter what, having a valuation in hand makes the first day of trading much more interesting, as you wait for the market to pass its own judgment on the stock’s pricing, though that judgment reflects more a pricing game than a value estimate. 2000 per share, and the stock is currently trading at ? higher (i.e., 46 in July 2022.

Risk Premium 81

Risk Premium Start-ups Equity Marketability 81

FE International

DECEMBER 31, 2021

That is, were the companies in those transactions valued as a multiple of EBIT , EBITDA , revenue, or some other parameter? If you figure out what the key valuation parameter is, you can examine at what multiples of those parameters the comparable companies were valued. Precedent Transactions. Earnings-Multiple.

Weighted Average Cost of Capital 52

Weighted Average Cost of Capital Business Valuation Precedent Transaction Analysis Start-ups 52

FE International

APRIL 20, 2022

In this post, we will explore the ins-and-outs of what e-commerce buyers and sellers are looking for, how the micro- and mid-cap e-commerce business acquisition landscape has changed in the past 6-12 months and what we expect to see soon. There has never been a better time in history to exit an e-commerce business than today.

Private Equity Firm 98

Private Equity Firm Equity Start-ups Business Valuation 98

FE International

APRIL 13, 2022

In this post, we will explore trends in SaaS, how the micro-and mid-cap SaaS acquisition landscape has changed in the past 6-12 months and what we expect to see soon. In mid-2021, we noted that the US could raise federal tax rates for wealthy investors to as much as 43.4%. Key Statistics. Invested Capital. Industry Overview.

Private Equity Firm 52

Private Equity Firm Equity B2C Start-ups 52

Erik A. Lopez

SEPTEMBER 23, 2015

But what happens when they transpire during the gap period between signing and closing an M&A transaction? Material Adverse Effect on What? Earnings are missed. Commercial relationships end. Regulatory approvals don’t materialize. Lawsuits get filed. And disasters happen. Such are the vicissitudes of business.

Net Debt 52

Net Debt EBIT Marketability Specific Risk 52

Chris Mercer

FEBRUARY 14, 2024

What do we know based on this restricted stock transaction? RSDs are not value drivers like EBITDA, gross profit, number of cases, or any other value drivers. This musing is addressed to all appraisers, regardless of which valuation credential(s) they hold. Restricted Stock Transactions Figure 8.1 The answer, of course, is none.

Marketability 52

Marketability Dividends Appraisal Business Valuation 52

Musings on Markets

JANUARY 26, 2023

I don't own a Tesla, and have only driven someone else's Tesla, but as readers of this blog know, I valued Tesla for the first time in 2014, and I keep returning to the scene of the crime. I drive a 2010 Honda Civic, a perfectly serviceable vehicle that is never going to get oohs and ahas from onlookers, but I feel no urge to value Honda.

Start-ups 80

Start-ups Marketability Risk Premium Equity 80

FE International

MARCH 14, 2018

What Is an App? This involves two main channels of understanding, which we will cover in this post: what goes into building and running an app, and what factors are taken into consideration when it comes time to value the app for sale. What should your considerations be as you think about building a new product?

Marketability 52

Marketability Start-ups EBITDA Business Valuation 52

FE International

JANUARY 3, 2021

Or are you interested in what your store could be worth? What’s exciting is that these strides are not just focused on the online shopping experience, but the merging of offline with online to create some truly unique and brand-driven experience for consumers. Are you hoping to sell your online shop? This is largely understandable.

EBITDA 59

EBITDA Start-ups Finance eCommerce 59