Remove Book Value Remove Events Remove Price to Book
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EV/EBITDA Explained: A Key Valuation Multiple for Investors

Valutico

While the nuances differentiating EBITDA and adjusted EBITDA might appear subtle, they play a critical role in financial evaluations, particularly during M&A due diligence or when assessing companies with unusual financial events. One-time gains or losses: Expenses or income events that are not recurring and unusual in nature (e.g.,

EBITDA 52
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Return on Equity, Earnings Yield and Market Efficiency: Back to Basics!

Musings on Markets

While I was working on my last two data updates for 2025, I got sidetracked, as I am wont to do, by two events. With these characteristics, the accounting balance sheets for these companies will be identical right after they start up, and the book value of equity will be $60 million in each company.

Equity 52
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Good (Bad) Banks and Good (Bad) Investments: At the right price.

Musings on Markets

Consequently, you can only value the equity in a bank, and by extension, the only pricing multiples you can use to price banks are equity multiples (PE, Price to Book etc.).

Banking 92